Bitcoin Surges Past $64,000 as Cooling U.S. Inflation Crushes Fed Rate-Hike Bets
Bitcoin has reclaimed momentum, surging past the $64,000 threshold as fresh U.S. inflation data caught markets off guard. The June CPI print revealed a significant cooling trend, effectively gutting the likelihood of further interest rate hikes by the Federal Reserve and reigniting bullish sentiment across the crypto market.
As rate-hike odds plummeted from a staggering 43% to just 13%, the macroeconomic landscape has shifted in favor of risk assets. Market participants are now pivoting their attention toward the September FOMC meeting, searching for critical cues on monetary policy and how the Fed will navigate the path toward potential rate cuts.
Bitcoin topped $64,000 as cooling U.S. inflation gutted the Fed rate-hike trade. The June CPI print acted as a massive catalyst, pulling the odds of further interest rate hikes from 43% down to a mere 13%, providing a significant tailwind for Bitcoin and other digital assets.
This shift in inflationary data has fundamentally altered market positioning. Analysts are now closely monitoring the upcoming September FOMC meeting, looking for further guidance on whether the Federal Reserve will pivot toward a more dovish stance, which could further fuel the current crypto rally.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CoinDeskSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
XRP Price Alert: The $1.15 Barrier That Will Trigger a Massive Move
Successfully closing above $1.15 targets an immediate move toward $1.28, confirming bullish momentum. However, failure to breach this wall could lead to a significant rejection, potentially driving a price correction of $0.30 as liquidity shifts.
BTC Price Alert: The $66K Compression Zone Is the Ultimate Deciding Factor
Technical indicators are flashing warning signs, with stochastics signaling overbought conditions and MACD momentum showing signs of exhaustion. The outcome of this battle at the resistance level will dictate whether Bitcoin enters a new bullish phase or faces a significant price correction.
Iran Vows Decisive Response to US Strikes: Crypto Markets Brace for Hormuz Crisis
Disruptions to the global oil supply via this strategic chokepoint could trigger massive inflationary spikes, fundamentally shifting the landscape for crypto and currency markets. Investors are currently weighing the risks of a broader conflict and its direct impact on liquidity and risk-on assets like Bitcoin.
Taiwan Bitcoin Reserve: Lawmaker Predicts 80% Probability Within 5 Years
As a key figure in the US-Taiwan Caucus, Dr. Ko's vision highlights the growing intersection between geopolitics and cryptocurrency adoption. If realized, this strategic Bitcoin reserve could set a precedent for other high-tech economies, fundamentally altering the global landscape of institutional crypto holdings.
Polymarket Odds for 2026 Fed Rate Hike Plummet as Traders Pivot
This shift in market conviction is already rippling through global currency markets, notably attracting bids for the Indian rupee as expectations for U.S. interest rate hikes recede. As macro traders recalibrate, the interplay between prediction markets and traditional FX movements highlights the growing influence of decentralized forecasting on global finance.
Bitcoin Reclaims $65,000: How the Crypto Giant Defied Geopolitical Selloffs
By reclaiming this psychological resistance, Bitcoin is proving its ability to absorb geopolitical shocks that previously triggered massive selloffs. The shift from panic selling at $62,000 to a successful $65,000 breakout suggests that bullish momentum is regaining control over macro-economic uncertainty.
