'Soft print, hard regime': Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020
THE BLOCK ·
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The June Consumer Price Index (CPI) fell 0.4% month-over-month, marking the largest decline since 2020. Driven by signs of cooling inflation, Bitcoin is trending toward the $64,000 level. The market is increasingly pricing in potential rate cuts by the Federal Reserve, leading to improved sentiment toward risk assets.
상승 영향
- Bitcoin — Expectations for interest rate cuts following the CPI decline have boosted risk-on sentiment. A breakout above $64,000 is expected to provide further upward momentum.
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DYAX Investor Sentiment
Bullish (Long) 56% · Bearish (Short) 44%
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