Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin dips after July inflation data; Fed rate hike odds fall, crypto markets weaken

Market News
13 Aug 2026
Blockonomi
View Source
Neutral
Bitcoin dips after July inflation data; Fed rate hike odds fall, crypto markets weaken

Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong gains in digital assets, with most cryptocurrencies, including Dogecoin and XRP, showing declines. Meanwhile, South Korea's KOSPI index entered a bull market, rising over 20% since July, and AI-focused tech stocks like Super Micro Computer and CoreWeave surged 19% on strong quarterly results. Investors are now watching upcoming economic events like the Jackson Hole symposium and September's employment and CPI reports for further market direction.

More News (BTC)

Pepe Coin jumps 48% in a week, hitting $0.000005 with a 425% surge in trading volume.

Pepe Coin jumps 48% in a week, hitting $0.000005 with a 425% surge in trading volume.

Pepe Coin (PEPE) surged above $0.000005, rising nearly 48% over the past week amid a strong rally in the meme-coin market and broader crypto gains. Trading volume spiked over 425% to $1.56 billion, pushing PEPE's market cap to about $2.1 billion. The...

Technical Signals
Bullish
4 hours ago
Bitcoin trades near historically undervalued zone, signaling potential accumulation ahead of October 2026.

Bitcoin trades near historically undervalued zone, signaling potential accumulation ahead of October 2026.

The Bitcoin Rainbow Chart shows Bitcoin trading just above its lowest valuation band, labeled "Bitcoin is dead," at around $86,128 as of now. This suggests Bitcoin remains in a historically undervalued area, indicating bearish sentiment and potential...

Market News
Neutral
4 hours ago
Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

The total cryptocurrency market capitalization surpassed $3 trillion on September 22, 2026, fueled by a U.S. Treasury move to expand long-dated bond buybacks and nearly $1 billion in Bitcoin ETF inflows. Bitcoin led the rally, reaching nearly $87,000...

Market News
Bullish
4 hours ago
$51M worth of Bitcoin dormant for 14 years moves amid recent price surge

$51M worth of Bitcoin dormant for 14 years moves amid recent price surge

Over $51 million worth of Bitcoin, untouched for 14.2 years, has recently moved following a significant price breakout in the crypto market. This Bitcoin, known as Satoshi-era Bitcoin, belongs to early holders who acquired it when prices were very lo...

Technical Signals
Bullish
5 hours ago
Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Bitcoin recovered from Asian-session lows to trade near $86,000, supported by falling oil prices and strong stock markets that boosted risk appetite. The drop in oil prices below $90 a barrel eased inflation concerns and reduced the likelihood of fur...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App