Bitcoin Rides Inflation Cooling Wave | Bitcoin and Crypto News

Bitcoin surges past $64,800 as inflation cools, weakening the Fed’s case for rate hikes and boosting crypto’s appeal. Headline inflation dropped to 3.5%, core inflation to 2.6%, slashing odds of rate increases from 43% to just 13%. With borrowing cheaper, riskier assets like Bitcoin gain traction as bonds lose allure. Though core inflation still lingers above the 2% target, markets now watch the Fed’s September meeting and Bitcoin ETF flows for next moves — the real test is whether this momentum lasts. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/141a57881209e971