Bitcoin climbed to nearly $65,000 after softer-than-expected U.S. inflation data, but on-chain signals show two investor groups selling into the bounce. according to CoinDesk, long-term holders are realizing losses while short-term holders are taking profits at more than $4 million a day, creating overhead supply as BTC tests higher levels.
BTC rose from $61,500 after June CPI came in at 3.5% year over year versus a 3.8% forecast, while core CPI was 2.6% YoY. June PPI also came in below expectations, easing Fed hike fears and sending the dollar index lower.
Two Groups Of Bitcoin Investors Sell On The Rise As U.S. Inflation Lifts Prices To Nearly $65,000
2026-07-16 05:44:51
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
AI | TSMC Beats Estimates as AI Demand Holds Up
