Bitcoin (BTC) Price Rally Cools as Investors Digest Inflation Data, Oil Clouds Outlook: Crypto Daily
12 Articles
12 Articles
Crypto Market Today, July 15: Bitcoin Nears $65,000 as Crypto Rallies on Softer Inflation Data
As of early evening on July 15, Bitcoin (CRYPTO:BTC) gained 0.6% to $64,939.64, Ethereum (CRYPTO:ETH) rose 2.6% to $1,923.23, and Solana (CRYPTO:SOL) increased 0.3% to $77.35.What's driving crypto marketsCrypto sentiment improved on further positive inflation news as traders shifted expectations for near-term Fed tightening. High interest rates make yields on safer assets, such as U.S. Treasuries, more attractive, and increase the cost of borrow…
The bitcoin (BTC) operates high this Wednesday (15), close to the US$65,000, still reflecting the relief caused by the US inflation data released yesterday. The June consumer price index (CPI) came below expected and reduced some of the pressure on US interest, but analysts estimate that the movement still needs confirmation. Today, a new inflation data also came below expected. The US producer price index (PPI) fell 0.3% in June before May, acc…
Two sudden disinflationary surprises, a flash rebound to the $65,100 and Bitcoin ETFs that go back in collection. The macro offered the Bitcoin a real breath of oxygen this week. But with a Brent still above $85, the suspension could be short. The Bitcoin article (BTC) – A respite of inflation propels the price to $65,000, but oil threatened first appeared on Cryptoast.
Bitcoin reclaims $65,000, Ethereum nears $1,944 resistance a
🚨 Bitcoin rises above $65,000 and nears a key short-term resistance level. 🟢 Ethereum leads large-cap gains, approaching $1,944 as technical strength improves. 📉 $XRP stabilizes above $1 but remains under major resistance following earlier declines. 🔍 Zcash stands out...
Bitcoin Reclaims $65K as Ether Breaks $1,900 for First Time Since June
Bitcoin climbed above $65,000 on Wednesday, breaking through a level that had rejected several recovery attempts since the market’s June selloff. BTC reached an intraday high near $65,500 before settling around $65,000, up roughly 5% over seven days. The breakout carried Bitcoin above the upper boundary of the short-term range that repeatedly capped price between $64,000 and $65,000 earlier in July. The rebound follows a volatile six-week stretc…
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