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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
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Bearish
pluang ai news

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.

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