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Bitcoin neared $65,000 after U.S. Consumer Price Index data indicated cooling inflation, reducing the likelihood of a July interest rate hike by the Federal Reserve.
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United States
Who
Federal Reserve
What
Bitcoin neared $65,000 after U.S. Consumer Price Index data indicated cooling inflation, reducing the likelihood of a July interest rate hike by the Federal Reserve.
When
Tue, 14 Jul 2026 17:37:41 GMT · 3h 27m ago
Where
United States ·
Why
Softer U.S. CPI data reduced the odds of a July Federal Reserve interest rate hike.
The Frontline Impact
How this affects you
The cooling U.S. inflation data has led to a rebound in Bitcoin's price towards $65,000. Markets are now anticipating further economic indicators, including Kevin Warsh's testimony and Producer Price Index data.
Story chain
1 event in this threadNo related history yet - this is the origin event.