Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin price dips to $63,300 after U.S. inflation report fails to boost demand above key resistance.

Market News
13 Aug 2026
Crypto news
View Source
Bearish
Bitcoin price dips to $63,300 after U.S. inflation report fails to boost demand above key resistance.

Bitcoin's price fell about 1.5% to $63,300 following the U.S. July Consumer Price Index report, which matched expectations and showed easing inflation. The report removed the risk of an inflation surprise but did not encourage new buying, causing Bitcoin to stay below the $64,500–$65,000 resistance zone. Technical indicators suggest bearish momentum, with key support levels at $62,000–$62,500. The market remains sensitive to upcoming U.S. inflation and labor data, which could influence Federal Reserve policy and Bitcoin's direction.

More News

BMO Capital rates Tenet Healthcare 'Market Perform' with 24% EPS growth forecast

BMO Capital rates Tenet Healthcare 'Market Perform' with 24% EPS growth forecast

BMO Capital initiated coverage on Tenet Healthcare with a 'Market Perform' rating, indicating the stock is expected to perform in line with the broader market. The company is forecasted to report a 24.05% increase in Earnings Per Share (EPS) to $4.59...

Analyst Insights
Neutral
30 minutes ago
Stocks JAGX, GRML, and VKTX soar on FDA approvals, biotech data, and mineral interest.

Stocks JAGX, GRML, and VKTX soar on FDA approvals, biotech data, and mineral interest.

Jaguar Health (JAGX) surged over 1,150% after the FDA granted fee waivers for its drugs Mytesi and Canalevia-CA1, signaling regulatory support. Greenland Mines (GRML) rose nearly 50% amid growing investor interest linked to U.S.-Greenland security de...

Market News
Bullish
31 minutes ago
Market downturn hits top stocks: New Fortress Energy falls nearly 25%, quantum and tech stocks also slide.

Market downturn hits top stocks: New Fortress Energy falls nearly 25%, quantum and tech stocks also slide.

The market experienced a downturn with significant losses among key stocks. New Fortress Energy dropped 24.7% amid ongoing volatility in energy sectors, while Xanadu Quantum Technologies fell 21.7% reflecting sensitivity in quantum stocks to commerci...

Market News
Bearish
31 minutes ago
Capri Holdings rated Hold amid takeover uncertainty but expects growth from new products and marketing.

Capri Holdings rated Hold amid takeover uncertainty but expects growth from new products and marketing.

Jefferies maintains a Hold rating on Capri Holdings due to uncertainty over a potential takeover. Despite a flat global luxury market, Capri's management expects growth in the second half of 2026, driven by new product launches, increased marketing, ...

Analyst Insights
Neutral
1 hour ago
WTI crude oil tests key support near $93 amid risk of deeper decline below $90.

WTI crude oil tests key support near $93 amid risk of deeper decline below $90.

WTI crude oil prices fell to a new low of $92.87, testing a critical support zone between $93.59 and $94.74. This area includes the 20-day moving average and a 50% retracement level from the prior advance. If this support breaks, the next target is t...

Technical Signals
Bearish
4 hours ago
banner-footerbanner-footer

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