Bitcoin stays below $64K despite softer inflation and crypto banking boost

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U.S. inflation slowed to 3.4% in July, down from 3.5% in June, without generating a sustained bullish move on Bitcoin. The Office of the Comptroller of the Currency (OCC) also opened the pathway for crypto companies to obtain national bank charters, providing a more favorable regulatory framework for the sector. Bitcoin briefly crossed above $64,000 before pulling back to around $63,400. The total cryptocurrency market capitalization reached $2.16 trillion, with investors choosing to digest the news rather than buying immediately.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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