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US Dollar Flat Ahead of July CPI Data as Fed Rate Decision Hangs in Balance

CoinCentral·August 12, 2026·1 min read
US Dollar Flat Ahead of July CPI Data as Fed Rate Decision Hangs in Balance

Bitcoin dropped 0.2% to $63,554 and ether slipped 0.1% to $1,879 as the US dollar traded flat ahead of July CPI data. Fed funds futures show a near 50/50 split on whether the Fed will hike or hold rates in September. Oil prices climbed toward $90 a barrel.

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