markets·16d ago
Bitcoin Traders Await June CPI Data After Months of Volatility
Bitcoin hovers near $62,000 as the June CPI report set for release July 14 could trigger major price swings.
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Bitcoin hovers near $62,000 as the June CPI report set for release July 14 could trigger major price swings.

Bitcoin stabilizes above $63,000 following a turbulent week, aided by easing geopolitical tensions and a strong SpaceX debut.

Macro analyst suggests paper Bitcoin instruments may be absorbing buying pressure, similar to gold derivatives.