Bitcoin is consolidating around $63,700 on Wednesday morning as markets await the US Consumer Price Index for July, due at 2:30 PM Paris time. Inflation is forecast at 3.4% year-over-year, down from 3.5% in June, with core inflation expected at 2.5%. Metaplanet moved 3,881 BTC, worth approximately $247 million, to its own addresses, a simple internal reorganization with no sale or transfer to an exchange. The Japanese company now holds 43,000 BTC, acquired at an average price near $102,500, representing an unrealized loss of approximately $1.7 billion at current prices. Other cryptocurrencies are holding steady: Ethereum near $1,890, Solana around $76 and XRP near $1.02.
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