Bitcoin Nears $65,000 as U.S. Inflation Cools Fed Rate-Hike Expectations

The June CPI report reduced Fed rate-hike odds from 43% to 13%, with analysts now focusing on the September FOMC meeting for further signals. This comes as Bitcoin approaches $65,000, reflecting crypto markets' shifting inflation expectations.

U.S. Inflation's Impact on Fed Policy

■The CPI data showed a 3.1% decline in consumer prices.

■Fed's surprise with this easing led markets to anticipate a more dovish stance.

■Symptoms indicate Bitcoin remains stable around $64,800.

Crypto Market's Pivotal Shift

■Bitcoin nears $65,000, while Ethereum rises by 5% to $3,200.

■Layer-2 solutions (Arbitrum, Optimism) show TVL growth.

■Stablecoin liquidity exceeds $100 billion.

The easing of U.S. inflation may lead crypto markets to expect a softer Fed policy long-term. If Bitcoin's approach to $65,000 validates this, it could trigger reversals in gold prices and bonds.