Bitcoin rallies to near $65,000 on softer US inflation
Bitcoin advanced to nearly $64,800 on Wednesday, which marks its strongest session in weeks, as softer-than-expected US inflation data led traders to unwind expectations of a Federal Reserve rate hike this month.
July 15, 2026 (MLN): Bitcoin advanced to nearly $64,800 on Wednesday, which marks its strongest session in weeks, as softer-than-expected US inflation data led traders to unwind expectations of a Federal Reserve rate hike this month. Headline inflation for June slowed to 3.5% from 4.2% a month earlier, while core inflation, which excludes volatile food and energy prices, moderated to 2.6% from 2.9%. The decline in t...