Bitcoin stays below $64K as soft inflation fails to spark rally
Flat PPI and in-line CPI leave Bitcoin rangebound, with Glassnode noting a lack of buyers.
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Original coverage across the crypto market, updated daily.
Flat PPI and in-line CPI leave Bitcoin rangebound, with Glassnode noting a lack of buyers.
Moonshot's latest AI model outperforms competitors, raising concerns about US dominance in artificial intelligence.

OpenAI's updated guidelines advise users to define clear goals and stopping conditions rather than over-engineering prompts.

SOL recovered to $66.56 after dipping to $64.56, while Bitcoin fell to $58,189 and Fed rate hike odds remained above 60%.
Brent crude hovers near $79 despite the reopening of the key shipping route, as supply concerns persist.

The Producer Price Index jumped 1.1% in May, pushing the annual rate to 6.5%, while Bitcoin reacted with a price decline.

NYDIG research head Greg Cipolaro says overlapping factors — including AI, tech IPOs, quantum computing, and Strategy sale — are weighing on Bitcoin's price.