Bitcoin price falls 2% as CPI puts $63.9K at risk

cryptonews19:30

Bitcoin price fell below $64,000 on Aug. 11 as rising oil prices and uncertainty before the U.S. inflation report weakened risk appetite, leaving traders focused on whether the $63,900 support level ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658997134?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-11 19:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658997134","market":"us","top_or_hot":-1,"title":"Bitcoin price falls 2% as CPI puts $63.9K at risk","media":"cryptonews","content":"<div>\n<p>Bitcoin price fell below $64,000 on Aug. 11 as rising oil prices and uncertainty before the U.S. inflation report weakened risk appetite, leaving traders focused on whether the $63,900 support level ...</p>\n\n<a href=\"https://crypto.news/bitcoin-price-falls-2-as-cpi-puts-63-9k-at-risk/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin price falls 2% as CPI puts $63.9K at risk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin price falls 2% as CPI puts $63.9K at risk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-11 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/bitcoin-price-falls-2-as-cpi-puts-63-9k-at-risk/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin price fell below $64,000 on Aug. 11 as rising oil prices and uncertainty before the U.S. inflation report weakened risk appetite, leaving traders focused on whether the $63,900 support level ...</p>\n\n<a href=\"https://crypto.news/bitcoin-price-falls-2-as-cpi-puts-63-9k-at-risk/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPBC","symbol_name":"Simplify U.S. Equity PLUS GBTC ETF","start_time":0,"source_url":"https://crypto.news/bitcoin-price-falls-2-as-cpi-puts-63-9k-at-risk/","article_id":"2658997134","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/bitcoin-price-falls-2-as-cpi-puts-63-9k-at-risk/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658997134","pubTimestamp":1786447800,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bitcoin price fell below $64,000 on Aug. 11 as rising oil prices and uncertainty before the U.S. inflation report weakened risk appetite, leaving traders focused on whether the $63,900 support level can prevent a deeper correction.Bitcoin price fell about 2% to $63,780 before recovering above $64,000 during the session.The $63,900–$64,000 region is the main short-term pivot ahead of the July CPI report.Liquidation clusters near $63,700 and $65,600 could attract price during the next volatility spike.According to data from crypto.news, Bitcoin  price traded as low as $63,852 on Binance before recovering to approximately $64,281 at the time the daily chart was captured. The intraday rebound reduced the loss, but BTC remained below the $65,000 level that buyers had attempted to establish as support over the previous four days.The daily relative strength index stood at 50.31, almost level with its signal line at 50.10. The reading shows that neither buyers nor sellers have decisive momentu","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPBC":"Simplify U.S. Equity PLUS GBTC ETF","09439":"嘉实比特币-U","BTF":"比特币&以太币期货ETF-CoinShares","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","XBOX":"Roundhill Ultra Short Duration No Dividend Target ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","OOQB":"One+One Bitcoin and Ether ETF","BITK":"Tuttle Capital Bitcoin 0DTE Covered Call ETF","QSWN":"Amplify BlackSwan Growth & Treasury Core ETF","03008":"博时比特币","AGZD":"WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","MAXI":"比特币期货ETF-Simplify","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","BUCK":"Simplify Treasury Option Income ETF","CBXL":"Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF","STCE":"Schwab Crypto Thematic ETF","TUA":"SIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF","09008":"博时比特币-U","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","BIV":"美国中期债券ETF-Vanguard","BESO":"GSR Crypto Core3 ETF","09042":"华夏比特币-U","YBTC":"比特币看涨期权ETF-Roundhill","BTYB":"VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF","IBIT":"比特币ETF-iShares","MSBT":"Morgan Stanley Bitcoin Trust ETP","BETE":"等权重比特币&以太币期货ETF-ProShares","BTCI":"NEOS Bitcoin High Income ETF","BTC.AU":"Btc Health Ltd","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","XTEN":"Bondbloxx Bloomberg Ten Year Target Duration US Treasury ETF","ISBG":"IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF","CBOL":"Calamos Laddered Bitcoin Series Structed Alt Protection ETF","RIOX":"2倍做多RIOT ETF-Defiance","IREC":"Corgi IREN 2x Daily ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BETH":"比特币&以太币期货ETF-ProShares","IBTJ":"iShares iBonds Dec 2029 Term Treasury ETF","JUCY":"Aptus Enhanced Yield ETF","CBTL":"Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF","BTC":"Grayscale Bitcoin Mini Trust","03042":"华夏比特币","BFOC":"FT Vest Bitcoin Strategy Floor15 ETF - October","BTFX":"比特币期货ETF-CoinShares","03439":"嘉实比特币"},"translate_title":"CPI 使 6.39 万美元面临风险，比特币价格下跌 2%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03008":0.9,"ARKY":0.9,"BETE":0.9,"SPBC":1.5,"BTCZ":0.85,"CBTL":1.5,"BTCI":0.85,"BUCK":1.5,"XBOX":1.5,"BTC":1,"IBIT":1.5,"TUA":1.5,"BESO":1.5,"BTFX":0.85,"CBTJ":0.85,"IREC":1.5,"MAXI":0.85,"STCE":0.9,"NCIQ":0.9,"IBTJ":1.5,"XTEN":1.5,"AGZD":1.5,"ISBG":1.5,"09008":1.5,"03439":0.9,"03042":0.9,"BTC.AU":1,"MNRS":0.85,"CBOL":1.5,"BTYB":1.5,"09042":1.5,"BTF":0.9,"RIOX":1.5,"BETH":0.9,"JUCY":1.5,"QBF":1.5,"CBXJ":1.5,"BTCL":0.85,"09439":1.5,"BIV":1.5,"CRPT":0.9,"OOQB":1.5,"BITK":1.5,"YBTC":0.85,"MSBT":0.85,"QSWN":1.5,"BFOC":1.5,"CBXL":1.5},"content_text":"Bitcoin price fell below $64,000 on Aug. 11 as rising oil prices and uncertainty before the U.S. inflation report weakened risk appetite, leaving traders focused on whether the $63,900 support level can prevent a deeper correction.\n\n\nSummary\n\n\n\nBitcoin price fell about 2% to $63,780 before recovering above $64,000 during the session.\nThe $63,900–$64,000 region is the main short-term pivot ahead of the July CPI report.\nDaily RSI remains neutral at 50.31, while BTC trades below its 100-day and 200-day moving averages.\nLiquidation clusters near $63,700 and $65,600 could attract price during the next volatility spike.\n\n\n\nBitcoin price drops below $64,000\nAccording to data from crypto.news, Bitcoin (BTC) price traded as low as $63,852 on Binance before recovering to approximately $64,281 at the time the daily chart was captured. The intraday rebound reduced the loss, but BTC remained below the $65,000 level that buyers had attempted to establish as support over the previous four days.\nThe decline followed another deterioration in U.S.-Iran negotiations over reopening the Strait of Hormuz. Brent crude rose above $89 a barrel as reduced hopes for an agreement renewed concerns about energy supplies and inflation.\nHigher oil prices can complicate the Federal Reserve’s inflation outlook by raising transportation and production costs. That pressure reduced demand for risk assets as U.S. traders prepared for the July Consumer Price Index report.\nBroader crypto markets also weakened during the move. Ether and XRP fell more than 2%, while Bitcoin lost the $64,000 level after failing to hold above $65,000.\nSoSoValue data shows that institutional demand offered limited support. U.S. spot Bitcoin exchange-traded funds recorded $144.6 million in net outflows on Aug. 10, ending five consecutive sessions of positive flows. The reversal reduced one source of spot demand as macroeconomic uncertainty increased.\nDaily chart shows Bitcoin trapped in consolidation\nThe daily chart shows that Bitcoin’s price remains locked inside the broad range formed after the June decline. BTC has repeatedly found buyers near $60,000–$63,000, but attempts to establish a sustained recovery above $65,000 have failed.\nBitcoin price daily chart — Aug. 11 | Source: crypto.news\nThe asset was trading slightly above its 20-day simple moving average at $64,219 and its 50-day SMA at $63,392. Holding both averages would keep the short-term recovery structure intact despite the latest sell-off.\nHowever, the wider trend remains under pressure. Bitcoin continues to trade below the 100-day SMA at $67,628 and the 200-day SMA at $69,918. Those averages are also sloping downward, creating a large resistance area between approximately $67,600 and $70,000.\nThe daily relative strength index stood at 50.31, almost level with its signal line at 50.10. The reading shows that neither buyers nor sellers have decisive momentum. It also supports the view that Bitcoin remains in consolidation instead of entering a confirmed directional trend.\nA daily close below the 50-day SMA at $63,392 would weaken the recovery and expose $62,000, followed by the June-July demand zone between $57,500 and $60,000. Conversely, a close above $65,500 would give buyers another opportunity to challenge the 100-day SMA.\n$63,900 is the key Bitcoin support\nThe 4-hour chart places immediate support between $63,900 and $64,000. Bitcoin briefly moved that region below during the sell-off before recovering, indicating that buyers were still active around the weekly midpoint.\nBitcoin price 4-hour chart — Aug. 11 | Source: crypto.news\nTrader Lennaert Snyder described $63,900 as an important level because it represents the 50% mark of the previous weekly candle. He said holding or losing that price could determine momentum for the remainder of the week.\n\n$BTC is holding the important 63.9K level.This is an important level because it's the 50% of the previous weekly candle, which are strong levels.Holding or losing this level could indicate momentum for the rest of the week.Those who follow me know we added shorts at the… pic.twitter.com/lLiuwmcqLM— Lennaert Snyder (@LennaertSnyder) August 11, 2026\n\nUnder the bullish scenario, continued support near $63,900 could produce another move toward the previous weekly high around $65,500. That level rejected Bitcoin during its latest advance and remains the first major barrier above the current range.\nA bearish break would become more convincing if BTC loses $63,900 and falls below the recent $63,200 low. Such a move could send BTC price toward $62,000 and allow sellers to target the lower part of the wider consolidation range.\nThe 4-hour Supertrend has turned bearish, placing resistance at $65,210. Bitcoin also slipped below the indicator’s former support near $64,344 during the decline. Bulls must reclaim both levels before the short-term trend can return to a stronger position.\nBull-bear power stood at negative 612, confirming that sellers had regained short-term control. However, the negative reading was smaller than the extreme levels recorded during earlier June sell-offs, suggesting that bearish momentum had not yet reached capitulation conditions.\nTrader Daan Crypto Trades similarly identified $64,000 as the main pivot. He noted that BTC had closed slightly below the 4-hour 200-period moving averages but had started to stabilize, with several large-cap altcoins still showing relative strength.\nLiquidation heatmap points to $63,700 and $65,600\nThe one-week CoinGlass liquidation heatmap shows large concentrations of leveraged positions on both sides of Bitcoin’s current price.\nBitcoin liquidation chart | Source: CoinGlass\nThe closest downside liquidity cluster sits around $63,600–$63,800. Bitcoin tested this region during the latest decline but did not produce a sustained breakdown. A second pocket is visible between $63,200 and $63,400.\nIf $63,700 fails, forced selling could accelerate the move toward the lower cluster. However, the concentration of liquidity can also attract buyers looking to enter after leveraged long positions have been cleared.\nThe largest nearby upside band sits around $65,500–$65,700. A rebound through $65,000 could therefore trigger short liquidations and help BTC revisit the weekly high. Additional liquidity appears near $66,200 and $67,000, but those levels would require a confirmed breakout from the current range.\nThis positioning leaves Bitcoin vulnerable to a sharp move in either direction. Price is trading between the closest major liquidation pools, while the upcoming inflation release provides a clear catalyst for volatility.\nU.S. CPI could decide Bitcoin’s next move\nThe U.S. Bureau of Labor Statistics will publish July CPI data on Aug. 12 at 8:30 a.m. Eastern Time. The report could influence expectations for the Federal Reserve’s September policy decision, particularly after rising oil prices renewed inflation concerns.\nA cooler reading could ease pressure on Treasury yields and help Bitcoin recover $65,000. Breaking $65,500 would expose the $65,600 liquidation cluster, followed by the 100-day SMA near $67,628.\nA hotter reading would strengthen the case for restrictive monetary policy and could pressure speculative assets. Under that outcome, a confirmed loss of $63,900 would shift attention toward $63,200, $62,000, and eventually the $60,000 psychological support.\nRegulatory uncertainty also remains in the background. The CLARITY Act’s procedural vote was delayed until Sept. 15, removing a near-term policy catalyst that some U.S. investors had expected before the Senate recess.\nFor now, Bitcoin remains range-bound rather than decisively bearish. The $63,900–$64,000 zone separates a possible recovery toward $65,500 from a deeper move toward $62,000. The CPI release will likely determine which liquidity pool the market tests first.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        \n\n\n\n\n\n\n                Read more:\n            \n\n                Cardano price falls 4.7% as Grayscale drops ADA ETF","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658997134","isCrawlerRequest":true}