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Live updates: Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

coindesk
coindesk|Jul 14, 2026 07:06
Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today's inflation print is the next test.(Coindesk)
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Jul 14, 08:35The onshore RMB rose 38 points against the US dollar.
Jul 14, 08:32Bitcoin rebounds, may retest mid-level resistance.
Jul 14, 08:26Oil prices and interest rates influence market interpretation of CPI data
Jul 14, 08:13CPI + Federal Reserve testimony will impact Bitcoin's trend
Jul 14, 08:08Tonight's CPI key focus is core CPI
Jul 14, 07:59STRC is approaching $87, with no rebound observed.
Jul 14, 07:54The rise in crude oil is mainly due to the strait toll issue.
Jul 14, 07:50Tonight at 8:30, the U.S. will release the CPI.
Jul 14, 07:44Yields rise, market sentiment fluctuates
Jul 14, 07:44The CPI inflation data will be released before the U.S. market opens.

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