Bitcoin fell below $63,500 as markets digested US inflation data that met expectations. While cooling CPI data bolstered rate-cut hopes, analysts warn of weakening support levels near $63,000.
Bitcoin fell below $64,000 on Tuesday as gold prices hit nine-week highs of $4,435 per ounce amid surging safe-haven demand and strong retail inflows into gold ETFs.
Kiwoom Securities analyzed that the US May CPI, driven by energy prices, showed a limited spread of inflation across the economy. Core CPI slowed, suggesting easing inflationary pressures, but future oil prices remain a key variable.
美國5月CPI年增4.2%，創3年新高，主因能源價格飆漲。核心CPI年增2.9%，符合預期。此數據為聯準會維持高利率至2027年提供基礎，降息機率渺茫。
Bitcoin price sees volatility as US inflation reaches highest levels in three years, fueled by energy prices and the US-Iran war.
