Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.

Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July.

Key points:

BTC/USD was up around 0.5% on the day near $63,900 with volatility broadly absent, data from TradingView showed.

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