Bitcoin ($BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July. Key points: Bitcoin avoids further downside as US PPI data provides a boost to US equities. Cleveland Fed president stays hawkish on the outlook for interest-rate policy. Bitcoin long liquidations make $61,000 a key level
Bitcoin ($BTC) slipped toward $63,700 on Thursday as an in-line US inflation report eased some monetary-policy concerns but failed to generate enough momentum for a sustained cryptocurrency rally. The leading cryptocurrency is down by less than 1%, with altcoins recording bigger losses during that period. US inflation matches market expectations The bearish performance comes as
For the third consecutive month, a major inflation print failed to move Bitcoin in either direction. The asset that was supposed to trade on rate cut expectations is trading on something else entirely, and the market has not yet agreed on what that something is. Bitcoin’s price on August 11, the day before the CPI
Four consecutive weeks of sales. A $102 million realized loss. An $8.2 billion quarterly write down. The company that made corporate Bitcoin treasuries a category is quietly rewriting the playbook it created. Michael Saylor built his reputation on a single trade. In August 2020, MicroStrategy announced that it had converted $250 million of its corporate
As of August 13, 2026, Bitcoin ($BTC) trades near $63,847 and Ethereum (ETH) at $1,895 as markets await the July US Producer Price Index (PPI) data release. However, Indian traders face a USD/INR risk, as the July US PPI could shift Fed rate expectations, the dollar and $BTC prices, potentially altering the final $BTC-INR return.
A newly created wallet on Hyperliquid has opened a substantial leveraged position in Bitcoin, according to blockchain tracking firm Lookonchain. The wallet, which begins with the address 0x14699, deposited $153,000 into the platform and subsequently opened a 40x leveraged long position totaling 97.92 BTC, valued at approximately $6.22 million at the time of the trade.
Wallet of Satoshi, a prominent Bitcoin Lightning Network wallet provider, has announced a strategic shift from its custodial service model to a self-custody framework. The company, which previously held users’ private keys directly, will now enable customers to control their own Bitcoin and private keys, marking a significant change in how the wallet operates. Timeline
A future Bitcoin buyer may encounter the asset through a portfolio they already own. An adviser can add a small allocation, a brokerage account can hold a spot ETF, and future retirement products could place Bitcoin inside another familiar investment wrapper. Grayscale expects Bitcoin ownership to keep broadening as government deficits persist, blockchain finance reaches
Bitcoin traders are rebuilding bets on a run toward $70,000 while still paying for protection against a fall to $60,000, showing that softer US inflation data has done little to break the market’s defensive positioning. The split held after the Consumer Price Index rose 0.1% in July and 3.4% from a year earlier, while core
Bitcoin’s volatility slowed significantly in both directions. This established $63,000 as support and $65,000 as key resistance. With Bitcoin [$BTC] trading inside this narrow range, some investors positioned for a deeper breakdown. Why are Bitcoin whales betting lower? CryptoQuant’s Futures Average Order Size showed whale-sized orders returning after more than a month. Source: CryptoQuant The