Bitcoin News: $64,800, Interest Rate Hike and a Major Bet on Strategy
2026-08-06 21:38:06
According to CoinMeta, Bitcoin ($BTC / USD) is currently trading near $64,800. This is due to Federal Reserve officials suggesting the possibility of interest rate hikes, while a volunteer security team has identified nearly 5,000 vulnerabilities in the Bitcoin ecosystem. Michael Saylor reiterated that MicroStrategy aims to become the world's largest company by market value. Over the past 24 hours, the overall crypto market has risen by 1.6%, with a total market value reaching $2.29 trillion and a daily trading volume of $55.1 billion. The president of the Federal Reserve's Cleveland branch, Beth Hammack, stated that the central bank may need to raise interest rates to bring inflation back to its target of 2%. In June 2026, there was a net outflow of about $4 billion from Bitcoin funds listed in the United States, which represents the largest monthly redemption since the launch of spot Bitcoin ETF. During this period, Bitcoin prices fell to a 21-month low of around $57,742 before rebounding somewhat. Traders expect interest rate hikes in September or October, and each upcoming Consumer Price Index (CPI) CPI reading could be a significant event for Bitcoin.
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Source:99Bitcoins
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