Published Aug 12, 2026, 9:45 AM ET · Updated 3 months ago · 1 source

THE BLOCK: Bitcoin $BTC held near $64,000 after July U.S. inflation matched forecasts, with headline CPI at 3.4% and core at 2.5%. Analysts say the in-line print buys the Fed room to hold in September, but hands crypto no fresh catalyst to break its range.

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Original Report

THE BLOCK: Bitcoin $BTC held near $64,000 after July U.S. inflation matched forecasts, with headline CPI at 3.4% and core at 2.5%. Analysts say the in-line print buys the Fed room to hold in September, but hands crypto no fresh catalyst to break its range.