Bitcoin price loses $64K as Ether and XRP lead losses

Bitcoin slipped below $64,000 on Aug. 11 as traders cut risk ahead of fresh U.S. inflation data and rising oil prices revived concerns about the Federal Reserve’s rate path. Summary Bitcoin traded near $63,855, down 1.6%, after failing to establish support above $65,000 this week. Ether fell 2.2% and XRP lost 2.1%, while Hyperliquid and Chainlink advanced against broader weakness. U.S. spot Bitcoin ETFs recorded $144.6 million in net outflows Monday after five inflow sessions. Brent crude held near $88 as stalled U.S. Iran talks renewed inflation concerns before CPI. July CPI is scheduled Wednesday at 8:30 a.m. ET, leaving crypto exposed to macro volatility. BTC traded near $63,855 at the time of writing, down about 1.6% over 24 hours after making several unsuccessful attempts to establish support above $65,000. The pullback follows a short recovery that took Bitcoin above $65,300 on Monday. As covered in Monday’s CPI preview, weaker U.S. employment data had previously helped BTC recover as traders reduced expectations for tighter monetary policy. The focus has now shifted to inflation and energy prices. Bitcoin has tested the $65,000 area for four consecutive days without sustaini...