Bitcoin Stays Higher on Reduced U.S. Rate-rise Odds

Dow Jones07-15 19:56

1156 GMT - Bitcoin continues to trade near the three-week high reached earlier, supported by the reduced prospect of the Federal Reserve raising interest rates in the near term. U.S. inflation data on Tuesday came in lower than forecast, prompting markets to pare rate-rise bets. On the regulatory front, the U.S. and U.K. set out plans Tuesday for closer cross-border co-operation on tokenized securities and stablecoins while the Federal Law Enforcement Officers Association endorsed the Clarity Act crypto regulation bill.Bitcoin rises 0.2% to $64,670, having reached as high as $65,209 earlier, LSEG data show. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

July 15, 2026 07:56 ET (11:56 GMT)

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