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The Block (@TheBlockCo): THE BLOCK: Bitcoin $BTC pressed toward $65,000 on Thursday, holding firm as cooling U.S. data eased fears of a September rate hike, a day after the Fe…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

THE BLOCK: Bitcoin $BTC pressed toward $65,000 on Thursday, holding firm as cooling U.S. data eased fears of a September rate hike, a day after the Fed held with three hawkish dissents. Glassnode says the market has gone quiet on every surface, with spot volume at its lowest since 2019 and cash out-yielding the carry trade.

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