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Bitcoin surges past $64,000 as US inflation cools, easing fears of Fed rate hikes.

Market News
15 Jul 2026
Crypto Briefing
View Source
Bullish
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Bitcoin's price rose above $64,000 following a drop in US inflation to 3.5% in June from 4.2%, reducing expectations of Federal Reserve interest rate hikes. This easing of inflation concerns has shifted market sentiment towards a less aggressive monetary policy, boosting Bitcoin's value after a dip near $58,000 in June. Investors are now watching the upcoming Federal Reserve meeting and economic data for further signals that could impact Bitcoin's price trajectory.

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