Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests

CryptoInfo Editorial Team · Published on August 13, 2026 at 03:39 · Updated on August 13, 2026 · 1 min read

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Key Takeaways

→Bitcoin's price has slipped near $63,500 after an in-line inflation print.
→The inflation print removed a potential tail risk but did not rally the market.
→Traders are looking to future events such as Jackson Hole and jobs data for catalysts.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin's price has slipped near $63,500, according to reporting from CoinDesk. This movement comes after an in-line inflation print, which removed a potential tail risk but did not provide enough reason for the cryptocurrency's price to rally.

With the inflation print now behind the market, traders are looking ahead to future events for potential catalysts. These include the upcoming Jackson Hole economic symposium, jobs data, and the next Consumer Price Index (CPI) release.

These events are expected to provide more insight into the economy and potentially influence the actions of the Federal Reserve, which in turn could impact the price of Bitcoin.

Source: CoinDesk ↗

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