Bitcoin Drops Below $64K as Gold Hits $4,435 — Is $66K the Breakout Level? ₿📉🥇🔥
Bitcoin slipped below $64,000 on Aug. 11, falling to a one-week low as investors turned increasingly defensive ahead of the U.S. CPI report.
At the same time, gold surged to around $4,435 per ounce, its highest level since June 5, as retail investors increased their demand for the traditional safe-haven asset.
BTC remains trapped below the critical $65,800–$66,000 resistance zone, making today's CPI reaction especially important.
💡 What's Happening?
✅ Bitcoin dropped below $64,000 and reached a one-week low.
✅

BTC-0.41%

GLD1.29%

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Syeda:

To The Moon 🌕

Bykaranteli

1h ago

JUST IN: CoreWeave’s Q2 revenue up 112% YoY to $2.575B, with multiple analysts lifting price targets. Outlook hinges on AI infra demand and margin expansion, as some firms stay neutral but raise targets. $COREW

CRWV18.82%

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Bykaranteli

1h ago

BREAKING: Samsung Electronics and SK Hynix reportedly eye a record shareholder return plan, potentially exceeding $141B as AI-driven memory demand bolsters free cash flow. $SSNLF $SK Hynix

Samsung Electronics6.68%

SK Hynix5.54%

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LeiselSeniorAccountManager

27m ago

I’ve always believed that a company’s vision isn’t reflected only in its business footprint—it’s also revealed in how it treats every person who works hard.
Gate’s employee care is truly practical:

❤️ Up to 1000U in annual care allowance
⛱️ 6 additional paid Wellness Days off each year
From learning and health to important moments in life, we receive both tangible financial support and time to fully relax and recharge.
A company that can grow its business while also keeping every Gater in mind—that care goes beyond slogans. This is probably the kind of vision a major company should have.
‍#G

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thecurrencyanalytics

1h ago

🚨 Tether has lost nearly $4 billion in market cap in just 60 days! What does this mean for Bitcoin's rally potential? Fewer USDT could mean less buying power. Is the market nervous? $BTC #CryptoNews

USDT0.00%

BTC-0.41%

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Nahason07

26m ago

Ethereum Reclaims $1,900 After CPI — Is $2K Next? ETH🔥📈
Ethereum bounced nearly 3% from around $1,850 and reclaimed the $1,900 level after softer U.S. inflation data boosted risk appetite.
ETH reached an intraday high near $1,918, but the bigger test is now ahead: $1,925–$1,950.
💡 What's Happening?
✅ ETH rebounded from around $1,850 to above $1,900.
✅ ETH reached an intraday high near $1,918.
✅ Softer CPI supported risk appetite and crypto buyers.
✅ ETH reclaimed its 20-day and 100-day moving averages around $1,890.
✅ Trading volume during the move was around 35% above its 20-day average.
✅

ETH1.07%

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CryptoEye

1h ago

🧧 Qixi red packets are here—come to Gate Square to unwrap your surprise!
Chat about stocks and crypto, post, and engage for a chance to claim red packets and win gift boxes!
Join now 👉️ https://www.gate.com/campaigns/5828
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Share market updates for a chance to win up to 5 USDT per post. New users are guaranteed to win!
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NFTBigBanana

12m ago

💠CPI came in line with expectations, but the inflation crisis has not been resolved
July CPI was exactly as expected. What is interesting is the performance of these four asset classes: the US dollar, gold, US Treasuries, and crude oil
The US dollar and crude oil plunged: expectations for rate hikes weakened
Gold and 30Y Treasuries surged: funds continued to seek safety, while long-term funding costs have not come down
In summary: gold is already buying insurance, crude oil continues to brew inflation, and the US Treasury market has not yet sounded the all-clear

GLDX0.73%

PAXG0.50%

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LuHong

59m ago

The highly anticipated CPI data has finally been released, and the results were rather uneventful, with no stronger-than-expected market move!
As I previously anticipated, the market will likely remain range-bound in the short term, with no one-sided trend, so there is no need to stubbornly insist on going long or short.
Key signal: Following the data release, the likelihood of a rate hike declined again, easing inflationary pressure.
The market will most likely continue whipsawing back and forth, and many traders can easily get stopped out repeatedly. If you cannot read the rhythm or pinpoint

ETH1.07%

GT-0.44%

BTC-0.41%

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GateUser-2187c6cb

40m ago

Looks like mine will probably be liquidated tonight #晒出我的持仓收益

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CYS_USDT

Short

Cross 20X

Return %

-1260.63%

Entry Price(USDT)

0.9398

Mark Price(USDT)

1.5415

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SULEMAN_Coin

1h ago

🚨 CPI UPDATE — GOOD, BUT NOT PERFECT
July CPI came in at 3.4% YoY and +0.1% MoM. Inflation is cooling compared with June, which is encouraging. 📊
But 3.4% is still elevated, so I wouldn’t call this a full green light yet. Markets may react positively first, but Fed expectations will remain important.
I’m waiting for BTC to confirm direction before chasing the move. 👀📈📉
#CPI #BTC #MarketUpdate

BTC-0.41%

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ZhouDongye

1h ago

I could only watch helplessly as it rose from 40,000 to 155,000. My balance had dropped to zero, so I had nothing left to buy with.

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KatyPaty

4h ago

CPI data tonight! Key signals in the bull-bear showdown

LIVE

2,613

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BlockchainTuoge

1h ago

$TUT Down 26% in 24 hours, plunging directly from 0.1075 to 0.0613 before recovering to 0.0753, with $363 million in trading volume—does this script look familiar? That’s right, it’s the same old playbook: first a wick down to blow out longs, then a rapid recovery to liquidate shorts. I’m still holding yesterday’s long position, with my stop-loss set at 0.068. It’s currently underwater but hasn’t broken down, so I’m choosing to hold.
The reasons to be bullish are actually solid: First, the 0.0613 low saw massive buying support. $363M in volume isn’t something retail traders can pile up, so it

TUT-25.51%

BTC-0.41%

ETH1.07%

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Bykaranteli

18m ago

JUST IN: Nebius (NBIS) Q2 revenue $582.3M, up 454% YoY; adjusted EBITDA turned positive at $236.2M, but net loss from continuing ops widened to $190.4M. For H1 2026, revenue up 529% YoY to $981.3M, with adjusted EBITDA at $365.7M. $NBIS

NBIS19.01%

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Vindicatedchidi

1h ago

God is speaking to so many people in Nigeria, but why does it feel like He isn’t speaking to me?
Imagine Dave Umahi saying God told him that Tinubu has good plans...😔😔
Have my sins become too much?
Have I wandered too far from Him?
Lord, please speak to me.
I want to hear from You.💔

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_CR7_

1h ago

DYOR or pay the tax
Don't blindly trust random shillers in your DMs.
Spend 5 minutes learning the basics so you actually know what you own.
*DYOR = Do Your Own Research.

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ThePathOfLittleGeniuses

25m ago

Gold: 4440 drops again
The winning streak continues, as do the trading ideas. The short position signaled at 4440 is now up 20 points in the short term and can be closed. You can also reduce your position and continue holding for 4370$XAU

XAU0.46%

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