Bitcoin
July CPI Puts Bitcoin and Markets on a Fed Knife Edge
Coinpedia·August 11, 2026·1 min read
July CPI data is set to impact Bitcoin and broader markets, with oil prices acting as a wildcard. Crude jumped Tuesday as US-Iran talks over the Strait of Hormuz stalled, pushing the 10-year Treasury yield to 4.682%. Bitcoin traded amid the uncertainty. Progress in Oman-Iran negotiations later saw oil fall below the $85-$88 resistance area.
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