Bitcoin Tops $65K as ETF Inflows Surge Ahead of Key U.S. CPI Report
Bitcoin briefly pushed past $65,000 following renewed spot ETF institutional inflows. Market participants are now focused on Wednesday's U.S. CPI print to gauge the Fed's next interest rate move.
Bitcoin briefly reclaimed $65,000 as institutional demand surged through spot ETF products across major trading desks. Capital continues flowing into the market, providing strong support below key resistance levels.
All eyes now turn to Wednesday's U.S. CPI release. A cooler inflation print could fuel a risk-on rally across crypto markets, while a hotter reading risks sparking temporary market volatility.