BNB$574.45-0.06%BRENT$90.81-7.70%BTC$65,179-0.28%COPPER$6.33+0.41%DJI$52,389+0.85%DOGE$0.0726-0.29%DXY104.20+0.00%ETH$1,964-0.12%GOLD$4,091+0.96%NDX$28,526+1.41%SILVER$59.27+2.23%SOL$76.33-0.33%SPX$7,476+0.86%US10Y4.25+0.00%VIX14.50+0.00%BNB$574.45-0.06%BRENT$90.81-7.70%BTC$65,179-0.28%COPPER$6.33+0.41%DJI$52,389+0.85%DOGE$0.0726-0.29%DXY104.20+0.00%ETH$1,964-0.12%GOLD$4,091+0.96%NDX$28,526+1.41%SILVER$59.27+2.23%SOL$76.33-0.33%SPX$7,476+0.86%US10Y4.25+0.00%VIX14.50+0.00%
MoneyMarket365.comReal-time markets + AI-ranked and AI-analyzed financial news
·Confidence 85%

Bitcoin Declines as Fed Rate Hike Bets Increase Ahead of CPI

BTC ↓ Moderate

Key takeaways

  • BTC: BTC — Moderate bearish
  • Bitcoin and major cryptocurrencies fell over 2% as traders raised expectations for a July Federal Reserve rate hike ahead of the upcoming inflation report.
#Cryptocurrency#Bitcoin#Federal Reserve#Market News

Analysis

Bitcoin and major cryptocurrencies fell over 2% as traders raised expectations for a July Federal Reserve rate hike ahead of the upcoming inflation report.

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