Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade
The June CPI print pulled hike odds from 43% to 13%, with analysts now watching the September FOMC meeting for further cues on positioning....
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Bitcoin pushes toward $65,000 on US inflation relief that may already be fading
Bitcoin approached $65,000 on July 14 as a sharper-than-expected slowdown in US inflation weakened the case for another near-term Federal Reserve interest rate increase. Data from CryptoSlate showed that BTC rose as high as $64,832 once the report landed, gaining about 4% from its intraday low and coming within $200 of a threshold it has […] The post Bitcoin...