Bitcoin rebounded sharply from $62,314 to hit $65,100 — a two-week high — after U.S. June CPI came in below expectations across the board. 24-hour liquidations reached approximately $355 million, with shorts accounting for over 80%. Fed July rate hike odds plunged from nearly 50% pre-data to 15%. ETH rose over 5%, reclaiming $1,890. SK Hynix ADR surged over 27% in a single day, while the Nasdaq approached three-week highs. The $65,000 level remains a key near-term resistance. Markets still price in a potential September hike, and Fed Chair Warsh emphasized "zero tolerance" for persistently high inflation. Pullback-buying remains the preferred strategy — watch the $64,000-$64,200 support zone.
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