Bitcoin Hovers Near $64K Ahead of July 14 CPI Data Release
2026-07-11 17:13

Woofun AI reports that Bitcoin traded near $64,100 on Saturday, positioning itself ahead of the June US consumer price index release scheduled for July 14 at 8:30 a.m. ET. Futures open interest stood at approximately $47.3 billion, characterized by modest positive funding and dominant short liquidations over the previous 24 hours. Markets currently assign a 50.9% probability to rates reaching 3.75%-4.00% by September, while an 18.8% chance exists for the 4.00%-4.25% range. The upcoming CPI data will indicate whether rate-cut expectations can regain traction or if inflation concerns will intensify. Sustaining the $64,000 level requires buyers to absorb supply post-event, as ETF demand has only shown positivity for one session.

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