Bitcoin price climbed above $64,000 after cooler-than-expected June inflation boosted expectations for Federal Reserve rate cuts, though sticky core inflation and rising oil prices continue to cloud the outlook.

June 2026 CPI data releases July 14. Forecasts show a -0.1% monthly dip driven by falling gas prices, with major implications for Bitcoin and Fed rate cuts.

June 2026 CPI rose 3.5% year-over-year, beating the 3.8% consensus forecast and dropping from May's 4.2% reading, easing pressure on the Fed and boosting

Bitcoin rises above $64,000 as US inflation cools. Bitcoin above $58K on July 16 at 99.9% YES.