BNB$739.73+0.19%BRENT$96.94+0.69%BTC$79,241+0.02%COPPER$6.62+0.36%DJI$53,414-0.51%DOGE$0.0906+0.56%DXY99.18+0.00%ETH$2,490-0.05%GOLD$4,405-0.62%NDX$29,544+0.21%SILVER$66.13+0.21%SOL$104.05+0.00%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%BNB$739.73+0.19%BRENT$96.94+0.69%BTC$79,241+0.02%COPPER$6.62+0.36%DJI$53,414-0.51%DOGE$0.0906+0.56%DXY99.18+0.00%ETH$2,490-0.05%GOLD$4,405-0.62%NDX$29,544+0.21%SILVER$66.13+0.21%SOL$104.05+0.00%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%
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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