# Bitcoin Trades Near $63,700 Before Wednesday's Inflation Report as a Small Spot Fund Winds Down

Dogecoin and BNB gained while bitcoin was the only major asset lower on both the day and the week, and Hashdex will stop trading its bitcoin fund after the August 17 close.

- Published: 2026-08-12T05:36:54.490Z
- Canonical: https://polylog.news/crypto/2026-08-12/bitcoin-trades-near-63-700-before-wednesday-s-inflation-repo
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/12/dogecoin-and-bnb-lead-majors-higher-as-bitcoin-slips-near-usd63-700), [CoinDesk](https://www.coindesk.com/markets/2026/08/11/bitcoin-stuck-as-etf-inflows-offset-selling-but-inflation-data-could-spark-a-move), [CryptoSlate](https://cryptoslate.com/hashdex-gives-defi-holders-until-aug-17-after-fund-sheds-25-of-shares/), [Polylog editors](https://polylog.news)

Bitcoin traded near $63,700 in Asian hours, the only major digital asset lower on both the day and the week, while dogecoin rose almost 3 percent to 7 cents and BNB gained 2 percent to $614. A market tracker reading published early Wednesda…

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