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Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade

CoinDesk·July 15, 2026·1 min read
Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade

Bitcoin approached $65,000 as June CPI data reduced Fed rate hike odds from 43% to 13%. Analysts now watch the September FOMC meeting for further positioning cues. The cooling inflation data weakened the rate-hike trade, boosting risk assets including Bitcoin.

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