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Bitcoin dips below $65K as crypto losses grow amid inflation worries and oil rally.

Market News
11 Aug 2026
Coindesk
View Source
Bearish
pluang ai news

Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. Analysts see $70,000 as a key resistance level that could shift market sentiment if surpassed. Despite the dip, bitcoin remains slightly up on the week, while sentiment stays in the 'fear zone.'

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