Cpi

The latest Cpi news, analysis, and updates.

4 stories

Bitcoin Loses Its Grip on $65,000 as Rate Bets Shift

Bitcoin gave back a two-day rally, falling to $63,808 before steadying near $64,200 as easy-Fed optimism faded and Middle East risk resurfaced.

Pi rebounded from record lows to roughly $0.086 on July 15 after its daily RSI hit 15, but July's token unlocks still cap the recovery.

BTC broke the $65,000 ceiling that capped every rally since mid-June, up roughly 15% from its July 1 low, but $67,300 is the level that confirms it.

A hot July inflation reading could reinforce bets on tighter Fed policy and pile downside pressure on Bitcoin, which is trading near $63,000.