Crypto
Oil prices ease but gasoline inflation lingers; July U.S. CPI seen as turning point for bitcoin
Bitcoin has recovered to around $63,500 on slower U.S. job growth and a weaker dollar, but analysts see gasoline prices as the key variable for further gains. Markets are watching the June U.S. CPI due on July 14. Oil prices have fallen back toward pre-war levels, but gasoline futures and pump prices remain elevated. Fed messaging is mixed, and Citi cut targets while citing ETF outflows.
