Crypto.news Aug 12, 2026

Bitcoin reclaims $64K as analysts assess what 3.4% CPI means for Fed policy

Bitcoin reclaims $64K as analysts assess what 3.4% CPI means for Fed policy

Bitcoin reclaimed $64,000 after U.S. inflation eased to 3.4% in July, while market leaders said the in-line reading left the Federal Reserve’s policy outlook largely unchanged. The U.S. Bureau of Labor Statistics reported on Aug. 12 that the Consumer Price…

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