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Crypto

Bitcoin lacks direction; September FOMC remains variable despite oil price relief

Bitcoin is holding in a range near $64,000, with fears over a sharp rise in oil prices largely easing. Analysts say a clear directional move may be hard before late in the third quarter because the inflation impact of energy shocks is reflected with a lag and could shape the Federal Reserve\'s September policy meeting. Oil futures suggest supply concerns are easing, but structural factors and ETF flows may still cap any breakout.

Crypto

Bitcoin struggles near $64,000 as strong dollar, PCE and oil price swings shape week

Bitcoin is struggling to find direction near $64,000, with a stronger U.S. dollar and upcoming inflation data seen as key drivers this week. The dollar index has moved back above 100, weighing on risk assets. Investors are watching the Fed’s preferred PCE inflation gauge, GDP revisions and jobless claims, as well as a sharp drop in oil after a U.S.-Iran peace deal. Traders are also focused on July seasonality, $60,000 support and short-term holder selling.

Crypto

Bitcoin fails to hold above $65,000, slips back below $64,000

Bitcoin briefly rose above $65,000 overnight but failed to sustain gains and slipped back below $64,000. Cointelegraph said it reached $65,555 on Bitstamp around the U.S. stock market open, the highest level since last Wednesday. Traders focused on liquidation above $65,000. Analysts cited unusually large liquidations in recent days and said liquidity remained between $65,000 and $67,000, with $70,000 mentioned as an upside target.