Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning

CryptoInfo Editorial Team · Published on August 06, 2026 at 16:24 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→Bitcoin price action stays compressed under $65K
→US PMI data sparks fresh talk of 'stagflation'
→Bitcoin diverges from stocks and gold

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation”.

This is based on reporting from CoinTelegraph, which highlights the current state of the Bitcoin market.

The divergence between Bitcoin and traditional assets like stocks and gold is noteworthy, as it suggests that Bitcoin is not currently following the same trends as these other investments.

Source: CoinTelegraph ↗

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