Bitcoin is trading around $62,000 as investors await the U.S. June Consumer Price Index (CPI) report, which will influence Federal Reserve policy and market expectations. Previous CPI releases in 2026 have caused significant volatility in Bitcoin's price, with inflation data directly impacting rate hike or cut expectations. A lower-than-expected CPI could boost Bitcoin towards $65,000 by signaling a more dovish Fed, while a higher figure could strengthen the dollar and trigger sell-offs. The CPI remains a critical factor for Bitcoin's short-term price movements amid broader macroeconomic and geopolitical uncertainties.
US Consumer Price Index (CPI) fell 0.4% in June, marking the biggest drop since 2020 and coming in below expectations with headline CPI at 4% and core CPI at 3%. This cooler inflation data increased the likelihood of a Federal Reserve interest rate c...
Bitcoin is maintaining its position above $61,000, signaling a short-term recovery after bouncing from recent lows around $58,115. However, there is a risk of a bull trap if Bitcoin moves into the $64,650-$65,550 range, which could trigger a reversal...
South Korean cryptocurrency exchange Upbit began trading the Derive (DRV) token on July 14, offering trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT). This listing enhances DRV's exposure in one of Asia's largest crypto markets a...
Bitcoin price stabilized around $62,500 after a weekend drop below $62,000, influenced by renewed U.S.-Iran tensions and rising oil prices. Technical resistance lies between $63,100 and $64,700, with analysts warning that a break below $62,000 could ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
