How a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000

Bitcoin traders are rebuilding bets on a run toward $70,000 while still paying for protection against a fall to $60,000, showing that softer US inflation data has done little to break the market’s defensive positioning. The split held after the Consumer Price Index rose 0.1% in July and 3.4% from a year earlier, while core [ ]