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Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap?

Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?

Published July 1, 2026 · Category: Markets

Overview

Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?

Details

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap?

Source

Originally published at cointelegraph.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.