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Bitcoin climbs towards $64,000 as cooling inflation and falling treasury yields aid recovery

Bitcoin hovered near $64,000 as cooling inflation, lower Treasury yields and reduced expectations of further US monetary tightening supported crypto markets. Ethereum and select altcoins also gained, though analysts cautioned the rebound remains fragile. Investors now await FOMC minutes, inflation data and labour indicators, with $64,500 emerging as key resistance.

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Economic TimesLean R·4h ago
Bitcoin climbs towards $64,000 as cooling inflation and falling treasury yields aid recovery
Bitcoin hovered near $64,000 as cooling inflation, lower Treasury yields and reduced expectations of further US monetary tightening supported crypto markets. Ethereum and select altcoins also gained, though analysts cautioned the rebound remains fragile. Investors now await FOMC minutes, inflation data and labour indicators, with $64,500 emerging as key resistance.
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Bitcoin climbs towards $64,000 as cooling inflation and falling treasury yields aid recovery

How 1 sources are covering this