Bitcoin and Gold Prices Recover 0.83% After Initial CPI-Driven Dip

BTC, gold, and US stocks dipped then rebounded post-CPI. Bitcoin gained 0.83% to $64,146; Nasdaq futures rose 0.9%; spot gold hit $4,412.

Woofun AI reports that crypto assets, gold, and U.S. equities experienced an initial decline followed by a recovery after the release of CPI data on August 12th. Bitcoin prices fell sharply from $64,452 to approximately $64,000 before rebounding, with the asset currently trading at $64,146.37, reflecting a 24-hour gain of 0.83%.

Bitget data indicates that U.S. stock futures also reversed their initial slight drop, with Nasdaq 100 futures increasing by 0.9%. Spot gold prices decreased by roughly $30 before climbing over $20, settling at $4,412.38 per ounce.