# Bitcoin Trades Near $64,900 After US Inflation Cools to 3.5%, Reviving Fed Rate-Cut Bets

Headline consumer prices rose 3.5% in June against a 3.8% forecast, though a hawkish Federal Reserve chair and Strait of Hormuz tensions kept Bitcoin below $65,000.

- Published: 2026-07-15T05:26:53.461Z
- Canonical: https://polylog.news/crypto/2026-07-15/bitcoin-trades-near-64-900-after-us-inflation-cools-to-3-5-r
- Publisher: Polylog (Crypto desk)
- Section: macro
- Sources: [CryptoSlate](https://cryptoslate.com/bitcoin-pushes-toward-65000-on-us-inflation-relief-that-may-already-be-fading/), [Bitcoin Magazine](https://bitcoinmagazine.com/markets/bitcoin-price-jumps-above-64000), [Polylog editors](https://polylog.news)

Bitcoin climbed toward $65,000 on July 14 after United States inflation data came in below forecasts, reviving expectations that the Federal Reserve will hold off on further tightening. Consumer prices rose 3.5% year over year against a 3.8…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-07-15/bitcoin-trades-near-64-900-after-us-inflation-cools-to-3-5-r (subscription information: https://polylog.news/pricing).