Woofun AI reports that Bitfinex identifies Bitcoin as consolidating around the $61,360 short-term holder cost basis, noting that a break above $68,000 would strengthen the bullish narrative. The exchange highlights that sustained inflows into spot Bitcoin ETFs, particularly BlackRock’s IBIT fund, alongside Bitcoin’s growing trading volume dominance, offer underlying support.

Meanwhile, June consumer prices fell for the first time in six years, though upward pressure from AI infrastructure, defense spending, and tariffs persists, leaving little room for monetary tightening despite some resilience in real estate and business investment.