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After briefly rising close to the $64,000 level due to institutional inflow momentum (via Spot ETFs), traders took massive profit-taking around the $65,800 technical resistance area. This held back Bitcoin's bullish momentum from rising further.
Macroeconomic Sentiment & Global CPI Data: Global market participants and crypto investors are currently in a wait-and-see position ahead of the release of US inflation data (Consumer Price Index / CPI) for June, scheduled for July 14. This data result is crucial as it will influence the next Federal Reserve interest rate policy.$XAUUSD $XTIUSD $USDJPY $EURUSD