Crypto 350

08/10 05:51

Bitcoin tops $65,000 with US inflation data due th

#Post To Earn Bonus #HTX Creation Challenge — Post and Win 1,500U #World Cup Predictions: 100,000 USDT Daily Bitcoin tops $65,000 with US inflation data due this weekBitcoin rose above $65,000 on Monday, up nearly 3% over the week, with July inflation data due Wednesday at 8:30 a.m. ET after Friday's weak jobs report eased worries the Federal Reserve would need to raise rates. Ether traded near $1,919 and is also up almost 3% on the week. BNB gained 0.3% to $603 and matched that weekly move. Solana was the strongest major, up 1% on the day to nearly $77 and almost 5% over seven days. Tron held at 33 cents. XRP was the only major in the red on both views, slipping 0.4% to $1.03 and down 4% on the week. Hyperliquid's HYPE fell over 1% to $54 but remains up over 3% on the week, and dogecoin eased to under 7 cents. Equities set the tone. The MSCI All Country World Index rose 0.1%, its seventh gain in eight sessions, with the Asian gauge up 0.6% after Friday's soft jobs report sent the S&P 500 to a record.Chipmakers led, with a regional semiconductor gauge rallying more than 1.5% on gains at Taiwan Semiconductor and SK Hynix. Oil went the other way. Brent rose 1% to $84.40 a barrel, extending a gain of more than 5% over three sessions, after Iran rejected talks with the U.S. and a deal to reopen the Strait of Hormuz stayed out of reach. Treasuries gave back some of Friday's rally, with the 10-year yield up a basis point to 4.66%, and the dollar strengthened against most major currencies. As such, bitcoin has managed this without much help from its own corner. A fourth wave of sweeps against Coldcard-generated wallets, a critical flaw in BTCPay Server that drained merchant Lightning nodes on Friday, and a chain split over BIP-110 that produced two blocks and stalled have all landed

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