{"id":10778,"date":"2026-07-15T06:01:32","date_gmt":"2026-07-15T06:01:32","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10778"},"modified":"2026-07-15T06:01:32","modified_gmt":"2026-07-15T06:01:32","slug":"bitcoin-tops-64k-as-cooling-u-s-inflation-fuels-fed-pause-hopes","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10778","title":{"rendered":"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes"},"content":{"rendered":"

<\/p>\n

\n
\n
\n
    \n
  • US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, taking annual inflation to 3.5% from 4.2%, the Bureau of Labor Statistics reported on July 14.<\/span><\/li>\n
  • Bitcoin traded near US$64,700 (AU$93,218), up about 3.5% in 24 hours, while Ether outperformed at about US$1,875 (AU$2,700), up roughly 5.2%, according to CoinGecko data.<\/span><\/li>\n
  • Markets price roughly 80% odds the Federal Reserve holds rates at 3.50%\u20133.75% on July 28\u201329, and 21Shares strategist Matt Mena flagged a possible US$100,000 (AU$144,000) push by quarter-end.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Bitcoin climbed above US$64,000 (AU$92,160) on Tuesday after US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, firming market bets that the Federal Reserve will hold interest rates steady at its July 28\u201329 meeting.<\/p>\n

    June\u2019s decline followed a 0.5% rise in May, and economists had expected a smaller dip, according to consensus estimates cited in market coverage.\u00a0<\/p>\n

    The Bureau of Labor Statistics reported the energy index fell 5.7% over the month, its steepest one-month decline since April 2020, with gasoline down 9.7%. Energy was the largest contributor to the fall, more than offsetting increases in shelter and food.\u00a0<\/p>\n

    Annual inflation eased to 3.5% from 4.2% a month earlier, and core prices, which exclude food and energy, were flat on the month and up 2.6% over the year, down from 2.9%.<\/p>\n

    Bitcoin traded near US$64,700 (AU$93,218) at the time of writing, up about 3.5% in 24 hours, according to CoinGecko data. Ether outperformed, changing hands near US$1,875 (AU$2,700), a gain of roughly 5.2%.<\/p>\n

    Related: Bonzo Lend Loses $9M in Oracle Exploit as Fake SAUCE Price Drains Protocol<\/strong><\/p>\n

    Fed Pause Odds Firm<\/h2>\n

    The Federal Reserve has held its benchmark rate at 3.50% to 3.75% since late 2025, and its June projections pencilled in a median end-2026 rate of 3.8%, implying at least one hike this year. Nine of the meeting\u2019s 18 participants saw at least one increase in 2026, against eight expecting no change and one projecting a cut. After the June print, market pricing put roughly 80% odds on rates staying unchanged at the July 28\u201329 meeting, per CME FedWatch data cited in market coverage.<\/p>\n

    Sygnum chief investment officer Fabian Dori characterised the report as \u201cthe first real indication that the energy-driven impulse from the spring is fading\u201d. Energy prices remain 15.7% higher than a year earlier, with gasoline up 26.7% over the same period, the Bureau\u2019s data showed.<\/p>\n

    Shelter costs rose 0.1% in June, the smallest monthly increase for that index since January 2021, and the food index added 0.2% on the month and 3.0% over the year.<\/p>\n

    Read more: Bitcoin\u2019s \u201cMildest\u201d Bear Market Yet: Analysts Split on Timing as Rebound Signals Recovery, Not Reversal<\/strong><\/p>\n<\/p><\/div>\n

    Bitcoin,Federal Reserve#Bitcoin #Tops #64K #Cooling #U.S #Inflation #Fuels #Fed #Pause #Hopes1784095292<\/p>\n","protected":false},"excerpt":{"rendered":"

    US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, taking annual inflation to 3.5% from 4.2%, the Bureau of Labor Statistics reported on July 14. Bitcoin traded near US$64,700 (AU$93,218), up about 3.5% in 24 hours, while Ether outperformed at about US$1,875 (AU$2,700), up roughly 5.2%, according to CoinGecko data.<\/p>\n","protected":false},"author":1,"featured_media":10779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[4997,91,1491,683,1909,2023,94,766,3354,55],"class_list":["post-10778","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-64k","tag-bitcoin","tag-cooling","tag-fed","tag-fuels","tag-hopes","tag-inflation","tag-pause","tag-tops","tag-u-s"],"yoast_head":"\nBitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10778\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes\" \/>\n<meta property=\"og:description\" content=\"US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, taking annual inflation to 3.5% from 4.2%, the Bureau of Labor Statistics reported on July 14. Bitcoin traded near US$64,700 (AU$93,218), up about 3.5% in 24 hours, while Ether outperformed at about US$1,875 (AU$2,700), up roughly 5.2%, according to CoinGecko data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10778\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-15T06:01:32+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10778\",\"name\":\"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg\",\"datePublished\":\"2026-07-15T06:01:32+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10778\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10778#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=10778","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes","og_description":"US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, taking annual inflation to 3.5% from 4.2%, the Bureau of Labor Statistics reported on July 14. Bitcoin traded near US$64,700 (AU$93,218), up about 3.5% in 24 hours, while Ether outperformed at about US$1,875 (AU$2,700), up roughly 5.2%, according to CoinGecko data.","og_url":"https:\/\/cryptonews.uk.com\/?p=10778","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-07-15T06:01:32+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=10778","url":"https:\/\/cryptonews.uk.com\/?p=10778","name":"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg","datePublished":"2026-07-15T06:01:32+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=10778#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=10778"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=10778#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/cpi-64700.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=10778#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/10778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10778"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/10778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/10779"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}