{"id":37041,"date":"2026-08-12T06:15:58","date_gmt":"2026-08-12T06:15:58","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-holds-near-64k-as-doge-gains-3-before-cpi\/"},"modified":"2026-08-12T06:16:40","modified_gmt":"2026-08-12T06:16:40","slug":"bitcoin-price-holds-near-64k-as-doge-gains-3-before-cpi","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-holds-near-64k-as-doge-gains-3-before-cpi\/","title":{"rendered":"Bitcoin price holds near $64K as DOGE gains 3% before CPI"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin traded near $63,700 on Wednesday, Aug. 12, as most major cryptocurrencies edged higher ahead of the July U.S. inflation report.\u00a0<\/p>\n<div id=\"cn-block-summary-block_e169c22216461496a7bab5fe69d6de03\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin traded near $63,700 early Wednesday as markets waited for the July U.S. inflation release.<\/li>\n<li>Dogecoin gained nearly 3%, leading major cryptocurrencies, while BNB advanced more than 2% during trading.<\/li>\n<li>Hyperliquid fell around 1.6%, remaining the only major cryptocurrency besides Bitcoin showing notable weakness Wednesday.<\/li>\n<li>U.S. Bitcoin ETFs returned to modest inflows Tuesday after Monday ended their five day streak.<\/li>\n<li>Brent crude approached $90 as geopolitical tensions kept inflation risks elevated before the CPI report.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>BTC was down about 0.6% over 24 hours at the time of writing, while Dogecoin and BNB led gains among the largest assets.\u00a0<\/p>\n<p>The subdued move follows another failed push above $65,000. Bitcoin briefly moved above $65,000 as ETF demand strengthened on Monday. It then fell below $64,000 as oil revived inflation concerns on Tuesday, leaving the market focused on inflation and the Federal Reserve rate outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin price stalls while DOGE and BNB lead majors<\/strong><\/h2>\n<p>Dogecoin was the strongest performer among the major cryptocurrencies tracked Wednesday, gaining about 2.9% and trading just above $0.07. BNB followed with a 2% rise to about $614. Ether added 1% to $1,888, XRP rose 0.5% to $1.02 and Solana was nearly flat at $76.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"470\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/08\/Bitcoin-price-holds-near-64K-as-DOGE-gains-3-before.webp.webp\" alt=\"Crypto market overview, source: QuantifyCrypto\n\" class=\"wp-image-14477651\"  ><figcaption class=\"wp-element-caption\">Crypto market overview, source: QuantifyCrypto<br \/><\/figcaption><\/figure>\n<p>Tron traded around $0.335 after gaining close to 1%, while Chainlink advanced 3.8% to $8.71. Hyperliquid moved in the opposite direction, falling 1% to $54.7. Cardano was also weaker, losing about 1.8%. The mixed performance left altcoins generally firmer than Bitcoin without producing a broad market surge.<\/p>\n<p>Bitcoin\u2019s 24 hour range remained relatively tight between roughly $63,200 and $64,414. The asset has repeatedly tested the $65,000 area over recent sessions but has yet to establish support above it.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Top gainers and losers show selective risk taking<\/strong><\/h2>\n<p>Moves outside the largest cryptocurrencies were much wider. CoinGecko\u2019s latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/crypto-gainers-losers\" target=\"_blank\" rel=\"nofollow\">data<\/a>, covering its top 1,000 assets with more than $50,000 in daily volume, showed Arowana leading gainers with an 87.7% rise. Prom followed at 36.8%, while aPriori gained 27.2%.<\/p>\n<p>Tutorial led the losses, falling 45.4%. SkyAI declined 28.6%, Biconomy dropped 27.6%, DAPPOS lost 27% and Ravencoin fell 23.6%. These assets sit well outside the largest cryptocurrencies by market capitalization, making their moves less representative of the broader market.<\/p>\n<p>Among assets currently ranked inside CoinGecko\u2019s top 100 on the same sorted list, Bitway was the strongest gainer shown, rising 14.7% to about $0.214. Lighter was the weakest top 100 name shown, falling 6.6% to $2.31. Both rankings and rolling 24 hour changes can move quickly as prices and market capitalizations change.<\/p>\n<h2 class=\"wp-block-heading\"><strong>U.S. ETF flows turn barely positive before CPI<\/strong><\/h2>\n<p>Institutional flows provided only limited support. U.S. spot Bitcoin ETFs recorded $7.8 million in net inflows on Tuesday, according to Farside <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/farside.co.uk\/btc\/\" target=\"_blank\" rel=\"nofollow\">data<\/a>. BlackRock\u2019s IBIT attracted $50.2 million, but withdrawals from several competing products offset most of the gain. Monday had produced a $144.6 million net outflow.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Bitcoin ETF flow, source: Farside<\/figcaption><\/figure>\n<p>The reversal follows a stronger opening week for August. As previously reported, the funds attracted $853.5 million during five consecutive inflow sessions from Aug. 3 through Aug. 7 using SoSoValue figures. Farside\u2019s dataset puts the same five session total at $865.3 million because the providers use slightly different figures.<\/p>\n<p>Ether funds were softer this week. Farside recorded a $14.6 million net outflow Monday followed by another $1.7 million withdrawal Tuesday. Last week\u2019s stronger demand has therefore not carried into the first two sessions of this week.<\/p>\n<p>Wintermute said in its latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/wintermute_t\/status\/2087127345115398384\" target=\"_blank\" rel=\"nofollow\">post<\/a> that renewed ETF buying was encouraging, but added that it would \u201cneed to see them continue for a little longer\u201d before becoming more constructive. That remains the market maker\u2019s assessment rather than a forecast of Bitcoin\u2019s next move.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/CvxAHyFNcp\">https:\/\/t.co\/CvxAHyFNcp<\/a><\/p>\n<p>\u2014 Wintermute (@wintermute_t) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/wintermute_t\/status\/2087127345115398384?ref_src=twsrc%5Etfw\">August 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\"><strong>July CPI and $90 oil set the next market test<\/strong><\/h2>\n<p>The next scheduled catalyst arrives at 8:30 a.m. ET Wednesday, when the Bureau of Labor Statistics releases July CPI, according to its official <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/schedule\/news_release\/cpi.htm\" target=\"_blank\" rel=\"nofollow\">schedule<\/a>. Economists surveyed by Reuters expect consumer prices to rise 0.1% from June, with annual inflation easing to 3.4%.<\/p>\n<p>Oil is complicating the backdrop. Brent crude rose for a sixth consecutive session and traded near $89.60 to $89.70 a barrel early Wednesday, while U.S. crude climbed to about $83.94. The latest oil increase will not be fully reflected in July CPI, but continued strength could keep future inflation concerns elevated.<\/p>\n<p>The dollar index was near 99.89, while U.S. equity futures were little changed before the inflation release. A softer CPI reading could reinforce expectations that monetary policy need not become tighter, while a hotter reading could revive concerns about another rate increase. Those remain conditional scenarios until the data is published.<\/p>\n<p>Attention then moves to July producer prices on Thursday. The BLS <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/schedule\/news_release\/ppi.htm\" target=\"_blank\" rel=\"nofollow\">schedule<\/a> sets the PPI release for Aug. 13 at 8:30 a.m. ET. Until those inflation readings arrive, Bitcoin remains inside its recent range while altcoin strength and ETF demand provide mixed signals about broader risk appetite.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin traded near $63,700 on Wednesday, Aug. 12, as most major cryptocurrencies edged higher ahead of the July U.S. inflation report.\u00a0 Summary Bitcoin traded near $63,700 early Wednesday as markets&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=37041"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37041\/revisions"}],"predecessor-version":[{"id":37042,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37041\/revisions\/37042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15232"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=37041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=37041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=37041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}