ANALYST: BITCOIN PRICE EXCEEDED $65,000, MARKET INTEREST IN CPI REPORT

BITCOIN MADE A BREAKTHROUGH OF $65,000 IN THE EARLY PICK-UP DEAL ON 10 AUGUST, THEN FELL BACK TO $64,955, RISING BY 0.3 PER CENT 24 HOURS AND 3.4 PER CENT SEVEN DAYS. THE MAXIMUM PRICE WAS USD 65,363. MARKETS ARE FOLLOWING UP ON THE JULY CONSUMER PRICE INDEX (CPI) DATA TO BE RELEASED ON 12 AUGUST. ACCORDING TO THE UNITED STATES BUREAU OF LABOR STATISTICS, NON-FARM EMPLOYMENT DECLINED BY 23,000 IN JULY AND UNEMPLOYMENT REMAINED AT 4.1 PER CENT. ANALYSTS EXPECT AN ANNUAL INCREASE OF 3.4 PER CENT FOR CPI IN JULY. IN ADDITION, THE BLACKSTONE BITCOIN ETF RECORDED A NET INFLOW OF $854 MILLION BETWEEN 3 AUGUST AND 7 AUGUST, SHOWING AN IMPROVEMENT IN INSTITUTIONAL DEMAND. BITCOIN FACES A CHALLENGE WITHIN THE CURRENT PRICE RANGE, REQUIRING A CRITICAL RESISTANCE POSITION OF $65,800。