Cryptocurrencies Rally as Softer Inflation Lowers Rate Hike Expectations

Bitcoin and other major cryptocurrencies rose following softer-than-expected inflation data that reduced expectations of rate hikes. The rally occurred despite ongoing geopolitical tensions, with Bitcoin reaching $65,000 for the first time in over three weeks.

By Aniket Verma Wed, July 15, 2026 at 4:59 AM GMT+3 4 min read · Yahoo Finance ·

Cryptocurrencies Rally as Softer Inflation Lowers Rate Hike Expectations

Tickers: $BMNR $MSTR

Topics: Bitcoin Dogecoin Ethereum inflation data rate hike expectations XRP

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