$BTC
#USJulyCPI&PPIDueThisWeek #SamsungSKHynixLeadSeoulRally #IntelCEOToBuy$12MInShareOffering #MUFGToUseBlockchainForJGBSettlement Bitcoin holds steady below $64,000 as U.S. inflation data matches expectations

Bitcoin maintained stability below the $64,000 level on Thursday, as investors assessed a U.S. inflation report that came in line with expectations, easing concerns about the U.S. Federal Reserve raising interest rates in the near term. However, it did not provide sufficient impetus for the cryptocurrency to continue its recovery.

The latest price for the world’s top coin was recorded at $63,866.20, up 0.1%, as of 10:09 a.m.

For the most part, Bitcoin remained confined to a $63,000–$65,000 range and failed to regain momentum above the $65,000 mark.