FeesSafety
Pluang+

Bitcoin stalls below $65K amid stagflation fears from US manufacturing data

Market News
06 Aug 2026
Crypto Briefing
View Source
Bearish
Bitcoin stalls below $65K amid stagflation fears from US manufacturing data

Bitcoin remains stuck below $65,000 as US manufacturing data signals stagflation risks, with slowing growth and persistent inflation. The S&P Global US Manufacturing PMI showed expansion but at slower rates and high input costs, causing concern. Bitcoin's correlation with stocks and gold is weakening, driven more by ETF flows and macro sentiment than fundamentals. Investors should watch the $63,000 support level and upcoming inflation and Fed signals for potential market moves.

More News

Hedera (HBAR) price drops 8.8% amid no new fund inflows and upcoming network data upgrade

Hedera (HBAR) price drops 8.8% amid no new fund inflows and upcoming network data upgrade

Hedera's HBAR token price fell 8.8% over the past week to $0.0785, driven mainly by a lack of new investment inflows rather than large sell-offs. The American spot ETF on HBAR holds $62.57 million, down due to price declines, not withdrawals. In Nove...

Market News
Bearish
4 hours ago
Avalo Therapeutics' positive Phase 2 results support pivotal trial for Abdakibart in hidradenitis suppurativa.

Avalo Therapeutics' positive Phase 2 results support pivotal trial for Abdakibart in hidradenitis suppurativa.

Avalo Therapeutics reported positive Phase 2 results for Abdakibart, their lead antibody treatment candidate targeting hidradenitis suppurativa (HS). The results support moving forward to a pivotal trial, with Abdakibart's monthly dosing offering a p...

Analyst Insights
Bullish
4 hours ago
Binance spot market shows $5.31M more sell orders than buy orders, signaling sell-side pressure.

Binance spot market shows $5.31M more sell orders than buy orders, signaling sell-side pressure.

Binance's spot market currently has $14.69 million in sell orders compared to $9.38 million in buy orders, creating a $5.31 million gap favoring sellers. Coinbase also shows more sell orders than buy orders, but with a smaller difference. This imbala...

Market News
Neutral
4 hours ago
Bitcoin hovers around $80,850 amid Fed rate pause expectations and $11.1B options expiry this week

Bitcoin hovers around $80,850 amid Fed rate pause expectations and $11.1B options expiry this week

Bitcoin is trading near $80,853 with minimal movement, slightly below its 50-day moving average of $81,807, signaling potential resistance. Key events this week include the Federal Reserve's rate decision expected to hold steady, and a significant $1...

Market News
Neutral
5 hours ago
New Binance Agent ID Exclusive mode limits early token trading to verified wallets with identity checks.

New Binance Agent ID Exclusive mode limits early token trading to verified wallets with identity checks.

OpenFour, part of Four.Meme, launched Binance Agent ID Exclusive, a new token launch format that raises funds in BNB and restricts early trading to Binance Agentic Wallets verified by Agent ID. During the bonding-curve phase, wallets can hold up to 1...

Protocol Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

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