Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade
Covered by 2 sources · 2 articles
2 outlets - including Cryptobriefing and Coindesk - are covering this story. Bitcoin's surge reflects its sensitivity to monetary policy shifts, highlighting its role as a hedge against inflation and economic uncertainty. The post Bitcoin tops $64,000 as cooling US inflation eases Fed rate hike fears appeared first…
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Bitcoin tops $64,000 as cooling US inflation eases Fed rate hike fears
Bitcoin's surge reflects its sensitivity to monetary policy shifts, highlighting its role as a hedge against inflation and economic uncertainty. The post Bitcoin tops $64,000 as cooling US inflation eases Fed rate hike fears appeared first…
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.