Snapshot — Aug 12, 2026, 2:46 PM UTC
Why was Bitcoin down on Aug 12, 2026, 2:46 PM UTC?
$63,503
▼ -0.65% (24h) · -0.61% (1h)
Bitcoin is down modestly (-0.65% in 24h) despite neutral-to-positive news; the recent U.S. CPI data coming in as expected likely removed an immediate catalyst for larger moves, and the slight decline appears to be minor technical pullback rather than driven by the reported news. The regulatory moves in Russia and El Salvador's 5-year milestone appear unrelated to this small price movement.
Sources checked
- America doesn’t need a second-class payments system
- U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
- Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
- Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins
- Kalshi launches sports and crypto perps data feed on DoubleZero
- El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’