Written by William Subergstaff writerReviewed by Allen Scottstaff editor

Written by William Subergstaff writer

Reviewed by Allen Scottstaff editor

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure

MarketsPublishedJul 14, 2026

Why Bitcoin’s Recent Jump Matters to You

The recent surge in Bitcoin’s price is more than just a number – it’s a sign that the market is reacting to real-world economic changes. With the US CPI seeing its lowest rate since 2020, risk assets like Bitcoin are experiencing a boost. This is especially important for those looking to earn passive income through cloud rewards and green crypto like EcoPool ($ECP). As the market continues to shift, it’s essential to stay informed about how these changes can impact your earning potential.

Understanding the US CPI and Its Impact on Bitcoin

The US Consumer Price Index (CPI) has posted its largest monthly decline since April 2020, coming in at 3.5% versus the anticipated 3.8%. This surprise downturn has led to a surge in Bitcoin’s price, with the coin jumping past $64,000. Energy led the drop, despite headwinds from global conflicts and oil route closures. As the market reacts to this news, EcoPool (ECP) remains a viable solution for those looking to earn a steady income through passive income and cloud rewards.

Key points:

• Bitcoin returns to near the top of its local trading range on US inflation data.
• The biggest drop in CPI since April 2020 boosts crypto and risk assets.
• Traders remain in wait-and-see mode over whether local resistance will break.

US CPI ignores Iran pressure with snap drop

The latest data shows that market expectations of future Federal Reserve financial policy changes have turned dovish, with the odds of interest-rate hikes dropping sharply. This shift in policy outlook is a sign that the market is becoming more favorable for risk assets like Bitcoin and EcoPool ($ECP). As the market continues to evolve, it’s essential to stay up-to-date on the latest developments and how they can impact your earning potential.

Bitcoin Traders Remain Cautious

Despite the recent surge in Bitcoin’s price, traders remain cautious, with local resistance above $64,000 still in place. The latest data from various sources shows that short positions are getting “squeezed” as a result of the CPI print, with 24-hour crypto short liquidations at just over $220 million. As the market continues to shift, it’s essential to stay informed about the latest developments and how they can impact your earning potential with EcoPool (ECP) and other green crypto solutions.

For those looking to earn a steady income through passive income and cloud rewards, EcoPool ($ECP) remains a viable solution. With its focus on green crypto and sustainable practices, EcoPool (ECP) is an excellent choice for those looking to make a positive impact while earning a steady income. Whether you’re a seasoned trader or just starting out, it’s essential to stay informed about the latest developments in the market and how they can impact your earning potential.

Stay Ahead of the Curve with EcoPool

As the market continues to evolve, it’s essential to stay ahead of the curve with the latest news and developments. With EcoPool ($ECP), you can stay informed about the latest market trends and how they can impact your earning potential. Whether you’re looking to earn passive income through cloud rewards or trade $ECP, EcoPool is the perfect solution for those looking to make a positive impact while earning a steady income.

“The energy index was the largest contributor to the monthly all items decrease, more than offsetting increases in other indexes including those for shelter and food.”

To start earning with EcoPool today, download the EcoPool app and discover the power of green crypto and passive income. With its user-friendly interface and sustainable practices, EcoPool is the perfect choice for those looking to make a positive impact while earning a steady income. Download the EcoPool app now and start earning with $ECP and other green crypto solutions.

Risk assets reacted positively, with US stocks in the green and crypto showing particular relief.

Market expectations of future Federal Reserve financial policy changes also turned dovish, with the odds of interest-rate hikes dropping sharply. The latest data from CME Group’s FedWatch Tool nonetheless maintained consensus for a 0.25% hike at the Fed’s September meeting.

Fed target rate probabilities (screenshot). Source: CME Group

“This print should help temper what had become an excessively hawkish market tilt to the monetary policy outlook,” economist Mohamed El-Erian wrote in a response on X.

Trader warns of BTC price rejection

Bitcoin traders remained cautious with local resistance above $64,000 still in place.

Related: Bitcoin bear market will bottom when two-month RSI metric hits zero, trader predicts 

In ongoing market analysis, X commentator Exitpump noted short positions getting “squeezed” as a result of the CPI print.

“Sellers haven’t been able to push price lower because of strong passive demand and now seeing shorts closing out slowly forcing price to grind up,” it summarized. 

“Still a range trading environment.”

BTC/USD one-day chart. Source: Exitpump/X

The latest data from CoinGlass put 24-hour crypto short liquidations at just over $220 million.

BTC/USD vs. crypto liquidations (screenshot). Source: CoinGlass

Continuing, trader Killa said that they would eye “signs of exhaustion” should the BTC price take out the local highs.

“There’s still a liquidity pool sitting above 64.8K, but right now we’re testing the weekly open. If we can’t reclaim and hold the weekly open, this is likely just a lower high before we move down to test the $60K region,” an X post read.

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Bitcoin Price
• Market Analysis
• Markets
• Bitcoin

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