Bitcoin traded near $63,800 early Thursday, Aug. 13, as crypto markets struggled to build momentum from a U.S. inflation report that came largely in line with expectations.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n The largest cryptocurrency was little changed over the latest 24 hour period when checked around 06:20 UTC, after trading as low as roughly $63,200 during the previous session. <\/a>crypto.news placed the broader crypto market capitalization near $2.27 trillion, with Bitcoin accounting for about 56.6% of the market.<\/p>\n Bitcoin briefly climbed above $65,000<\/a> ahead of the inflation report, but repeated attempts to establish a stronger move above that region failed. The loss of an immediate regulatory catalyst has also remained in the background after the Senate pushed the CLARITY Act process into September<\/a>.<\/p>\n July consumer inflation provided some relief without triggering a sustained crypto rally. The BLS<\/a> reported that headline consumer prices rose 0.1% from June and 3.4% from a year earlier. Core CPI, which excludes food and energy, increased 0.2% monthly and slowed to 2.5% annually.<\/p>\n The figures matched economists\u2019 headline expectations closely enough to reduce fears of another near term Federal Reserve increase. Reuters reported that futures markets lowered the implied probability of a September rate hike to roughly 40% from 54% before the release. Asian equities responded more positively than crypto, with the MSCI Asia Pacific index rising about 1% and South Korea\u2019s Kospi gaining more than 4%.<\/p>\n Bitcoin, however, remained pinned below $64,000. The muted response suggests the inflation reading removed one downside risk without supplying the new demand needed for another run toward $65,000.<\/p>\n Major cryptocurrencies were mixed rather than uniformly lower by Thursday morning. crypto.news showed Ether around $1,890, BNB near $611, XRP at $1.01 and Solana close to $76. TRON traded around $0.338, while Dogecoin changed hands near $0.0707. Cardano was about $0.184 and Chainlink traded near $8.74.<\/p>\n Hyperliquid was the clear large cap outperformer. HYPE traded around $57 and gained roughly 4% to 5% over 24 hours depending on the data venue. That continued a recovery already visible last week, when HYPE rebounded from roughly $51 toward the $57 area<\/a>.<\/p>\n The moves were more pronounced further down the market. CoinMarketCap<\/a> ranked Velvet as the best performer among its top 100 cryptocurrencies, up 23.76% to about $0.70. Virtuals Protocol followed with a 9.86% gain to $0.596, while OKB rose 9.19% to roughly $104. Mantle gained 5.99%, followed by HYPE at 4.68%.<\/p>\n Audiera led the other side of the table with a 15.74% decline. Curve DAO Token fell 7.42%, Official Trump lost 5.75%, Uniswap dropped 5.55% and Pepe declined 4.34%. Dogecoin was also among the top 100 losers, falling about 2.1%.<\/p>\n U.S. exchange traded fund flows offered another reason for Bitcoin\u2019s subdued performance. Spot Bitcoin ETFs recorded $61.1 million in net outflows on Aug. 12, according to Farside<\/a>. Fidelity\u2019s FBTC accounted for $46.8 million of redemptions, while BlackRock\u2019s IBIT lost $14.3 million.<\/p>\n Ether funds moved in the opposite direction. U.S. spot Ether ETFs attracted $7.4 million, entirely through BlackRock\u2019s ETHA, while every other listed fund recorded zero net flow for the session. The divergence followed $144.6 million of Bitcoin ETF outflows on Aug. 10 and a modest $7.8 million inflow the following day.<\/p>\n The latest redemptions also interrupted a stronger period of institutional Bitcoin demand. In related coverage, four consecutive Bitcoin ETF inflow sessions previously brought in $763.6 million<\/a> before flows weakened this week.<\/p>\n\n
Bitcoin price stays muted after U.S. inflation data<\/strong><\/h2>\n
HYPE leads major coins as top gainers and losers split<\/strong><\/h2>\n
![\"Crypto](\"https:\/\/media.crypto.news\/2026\/08\/image-79-1024x465.webp\")
Bitcoin ETF outflows contrast with Ether demand<\/strong><\/h2>\n
![\"Bitcoin](\"https:\/\/media.crypto.news\/2026\/08\/image-80-1024x613.webp\")
What could move Bitcoin next?<\/strong><\/h2>\n