Bitcoin Holds Above $63,500 as Ether Slips to $1,879, Fear Index Rises to 29
Bitcoin stayed under pressure on Aug. 13, trading in a narrow range between $63,310 and $64,500 before settling at $63,537, down 0.33% over 24 hours. Ether also moved lower to $1,879, off 0.16%. The move came even as U.S. inflation data showed some cooling: July CPI rose 3.4% year over year, matching market expectations and reinforcing the view that the Federal Reserve may leave rates unchanged in September. Equities reacted more positively. Earnings beats from AI-linked companies CoreWeave and Super Micro Computer helped lift the Nasdaq 0.54%, while the S&P 500 added 0.24% and the Dow Jones Industrial Average slipped by 22 points. Crypto, however, did not follow stocks higher and continued to trade without a clear direction. Liquidations across the crypto market reached $176 million in the past 24 hours, with $82.43 million from longs and $93.87 million from shorts, affecting 81,070 traders. The largest single liquidation was a $3.22 million ETH perpetual position on Binance. Alternative.me’s Fear and Greed Index rose from 27 to 29, but remained in the fear zone, reflecting only a mild improvement in sentiment.








