Bitcoin dips under $64,000 as in-line CPI buys the Fed time, not conviction: analysts

Bitcoin fell under $64,000 after July CPI matched forecasts at 3.4%. Analysts said the in-line print keeps the Fed patient, buying time but not conviction for rate cuts. The dip reflects market uncertainty over monetary policy timing. BTC remains sensitive to macroeconomic data as traders await clearer signals from the central bank on its next move.