The $64.5K Consolidation Floor: Bitcoin Stabilizes and Holds Yesterday's CPI Gains as Spot Accumulation Outpaces Short-Term Selling Pressure
After Tuesday’s cooler-than-expected June Consumer Price Index (CPI) print sent shockwaves of relief through risk-on assets, the flagship cryptocurrency spent yesterday securing a critical foothold. Today, Bitcoin is consolidating firmly around the $64.5K mark, effectively holding onto its hard-earned macro gains as deep-pocketed spot buyers step in to absorb the short-term distribution.