Bitcoin rebounded to $65,000, with long-term high sales to short-term holders

The consumer price index in the United States increased by 3.5 per cent in June compared to the expected 3.8 per cent in June, with bitcoin prices rebounding to nearly $65,000. The chain data show that long-term holders with more than five months of time are sunk at a loss, with short-term holders benefiting at a rate of over $4 million per day. According to analysts, such simultaneous sales create supply pressure above when the market tries to break. Some observers questioned the sustainability of the rebound, arguing that the decline in the consumer price index in June had been driven mainly by a drop in petrol prices, and that the recent rebound in oil prices had reduced the reference value of the data。