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Bitcoin Holds $63.8K as July Core CPI Leaves Markets Flat

A 2.5% Core CPI matching forecasts left BTC unchanged at $63.8K, but Solana's near-halt and roughly $247M of fresh crypto venture funding were the day's real signal.

Bitcoin traded near $63,830 on Thursday, up 0.33% on the session, as the US July Core CPI print landed at 2.5%, matching economist expectations and offering little directional fuel. Ethereum added 0.52% to $1,895, with total crypto market cap sitting at $2.27T and BTC dominance at 56.4%.

The in-line inflation number left the broader market range-bound. The Fear & Greed Index remains in Fear territory at 29, and the Altcoin Index held a middling 52/100, reflecting a divided tape where selective altcoins are catching flows while majors consolidate.

Elsewhere, the Solana network reportedly approached a near-stoppage earlier in the session, TON Strategy disclosed $15M in staking revenue against $10.6M in operating cash burn, and funding kept printing: Entravel raised $7.5M led by Ethereal Ventures, River markets $8.5M led by Haun Ventures, and eToro-backed Tradezero closed a $231M M&A round.

Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJIC2p9bzgbIDMlXi1u7_SYb3KOOdwVAAKSFWsb3VzpS5_ZwtBQ1ELuAQADAgADeQADPQQ)

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$BTC $ETH $SOL $TON

Frequently asked questions

  1. Why is Bitcoin stuck near $63.8K today?

    The US July Core CPI landed at 2.5%, matching economist forecasts, so the print itself offered no directional catalyst. With the Fear & Greed Index still at 29 (Fear), buyers and sellers remain balanced around the level.

  2. What happened on the Solana network today?

    The Solana network reportedly approached a near-stoppage earlier in Thursday's session. Details are still developing, but the event adds to a recurring pattern of intermittent reliability concerns on the chain.

  3. What did TON Strategy disclose in its latest update?

    TON Strategy reported $15 million in staking revenue from Gram against $10.6 million in operating cash burn, leaving roughly $4.4M of net income from staking activity before other costs.

  4. Which crypto funding rounds closed today?

    Entravel raised $7.5M led by Ethereal Ventures, River markets raised $8.5M led by Haun Ventures, and Tradezero closed a $231M M&A round backed by eToro, totaling roughly $247M of fresh capital.

  5. What does an in-line CPI print mean for crypto?

    A CPI matching forecasts is essentially neutral for risk assets: it confirms no surprise hawkishness but no dovish pivot either. Markets digested the July print as a no-event, which is why BTC barely moved.

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Aggregated from Crypto Rank News · Verified · Last refreshed 1h ago
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