Bitcoin Stalls Near $63,700 as ETF Flows Turn Choppy
Bitcoin is trading a data non-event as if it were one. The token drifted to roughly $63,500 to $63,900 on August 13, extending a five-week range after July's Consumer Price Index landed almost exactly at consensus: headline inflation up 3.4% year over year, core CPI up 2.5%, both a tenth of a point softer than June. That print removed a tail risk without creating a catalyst, and the market's muted reaction says more about where liquidity and institutional flow currently sit than any single price candle does.
Key Takeaways Bitcoin held near $63,500 to $63,900 on August 13, down about 2% on the week, after July CPI matched consensus at 3.4% headline and 2.5% core year over year. Spot Bitcoin ET…
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