Bitcoin traded near $63,800 early Thursday, Aug. 13, as crypto markets struggled to build momentum from a U.S. inflation report that came largely in line with expectations.
Summary
- Bitcoin traded near $63,800 as July inflation matched forecasts and failed to ignite fresh momentum.
- Hyperliquid led large-cap gains, while Velvet topped CoinMarketCap’s top-100 movers with a 23.76% surge Thursday.
- Bitcoin ETFs posted $61.1 million in outflows, while Ether ETFs attracted $7.4 million of inflows.
- July consumer prices rose 0.1% monthly and 3.4% annually, matching economists’ expectations for headline inflation.
- U.S. producer prices arrive Thursday before Jackson Hole,…
