THE BLOCK: BitGo reported Q2 2026 total revenue of $4.3 billion, up 79.6% year-over-year, driven by higher digital asset sales and stablecoin activity. It posted a net loss of $19 million and an adjusted EBITDA loss of $4.2 million. $BTGO.US
#USJulyCPIEasesLiftingFedRateHoldBets 🇺🇸 U.S. July CPI came in at 3.4% YoY, down from 3.5% in June, while core CPI was 2.5% YoY. Both were broadly in line with expectations.
Bureau of Labor Statistics +1 What does this mean for Bitcoin? 🟢 Cooling inflation → generally supportive for risk assets. 🟡 But CPI matched expectations → no major positive surprise. ⚠️ BTC remained around the $63K–$64K area, showing traders are waiting for the next catalyst. The Block +1 🔥 Next major U.S. data: July PPI is scheduled for today, Aug. 13, at 8:30 AM ET.
What You Think ! Bullish scenario: $BTC holds ~$63K → breaks ~$65K → shorts start getting liquidated → $66K+ becomes possible. Bearish scenario: $BTC loses ~$63K → long liquidations accelerate → $61K–$60K zone becomes the next area to watch.