Bitcoin traded around $64,389 as Ethereum reached $1,895 on Tuesday, its highest level since June 3. The price movements followed softer U.S. inflation data that weakened the dollar and reduced concerns about additional Federal Reserve rate hikes, according to The Economic Times. Bitcoin moved between an intraday high of about $65,486 and a low near $64,384, while Ether remained about 5% higher over 24 hours even after giving back some intraday gains. The divergence reflects competing forces in crypto markets: supportive inflation data for risk assets and renewed U.S.-Iran tensions limiting broader upside. Bitcoin has been responding to inflation data, ETF flows and geopolitical risk, while Ethereum showed signs of catching up after underperforming Bitcoin through much of the recent market cycle.
Bitcoin Trades in Narrow Range Around $64,000
Bitcoin's stability around $64,000 reflects recovery from late-June weakness without confirming a stronger breakout. The asset briefly pushed toward the mid-$65,000 area but failed to generate a sustained move higher. The Economic Times reported that Bitcoin had climbed to about $64,700 after the softer U.S. inflation data. The narrow trading range suggests traders remain unwilling to push the asset decisively above resistance despite the more supportive macro backdrop.
Renewed tensions in the Middle East supported oil prices and kept some investors defensive. Bitcoin stayed stable during this period, suggesting market participants see the conflict as a risk to global liquidity conditions rather than a direct catalyst for crypto demand.
Ethereum Reaches Highest Level Since June 3
Ether touched $1,895 on Tuesday, its highest level since June 3, according to CoinDesk. The asset remained about 5% higher over 24 hours even after giving back some intraday gains. The move came as crypto markets absorbed competing forces: a cooler U.S. inflation report supporting risk assets, and renewed U.S.-Iran tensions limiting broader upside.
The price action suggests capital is rotating beyond Bitcoin. Ethereum is tied to stablecoins, DeFi, tokenization and onchain settlement. As activity around real-world assets, stablecoin payments and Layer 2 networks expands, ETH attracts investors looking for broader blockchain infrastructure exposure.
Bitcoin ETFs Record $181.1 Million Inflows on July 14
July 14 data showed Bitcoin ETFs adding $181.1 million, led by BlackRock's IBIT with $138.9 million. The inflows helped reverse the prior session's sharp outflow. Recent flow data has been uneven, with institutional demand active but not yet consistent enough to remove doubts around the durability of the rally. Spot Bitcoin ETF flows remain central to the near-term picture.
Ether ETFs Add $58.3 Million Through BlackRock on July 14
Farside data showed U.S. spot Ether ETFs taking in $58.3 million on July 14, entirely through BlackRock's ETHA. The inflow was concentrated in one issuer but helped reverse the previous day's outflow. The data reinforced the view that institutional demand for ETH exposure is still present.
FAQ
What price levels did Bitcoin and Ethereum reach recently?
Bitcoin traded around $64,389 with an intraday range between about $65,486 and $64,384. Ethereum reached $1,895 on Tuesday, its highest level since June 3, and remained about 5% higher over 24 hours.
How much did Bitcoin and Ether ETFs receive on July 14?
Bitcoin ETFs added $181.1 million on July 14, led by BlackRock's IBIT with $138.9 million. U.S. spot Ether ETFs took in $58.3 million on July 14, entirely through BlackRock's ETHA.
