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Bitcoin near $64,000 as crypto markets turn cautious ahead of US CPI. Here is what expert say

Economic Times 12 August 2026 at 11:54 am 1 min read 8 views Read Original
Bitcoin near $64,000 as crypto markets turn cautious ahead of US CPI. Here is what expert say

Bitcoin hovered near $64,000 as investors remained cautious ahead of US CPI data, with the broader crypto market largely subdued. Analysts flagged weak short-term momentum below key resistance levels, while Ethereum showed relative strength. Bitcoin’s immediate support lies around $63,000–$63,200, with sustained buying above $64,500 needed to signal a stronger recovery.

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