Key Takeaways Bitcoin surged past $65,000 on July 15, driven by a surprise 0.3% drop in U.S. producer prices. Nansen reported strong July 15 ETF inflows, as a weak DXY at 100.77 eased rate headwinds for bitcoin. Analysts eye the Federal Reserve meeting on July 28 to see if rate odds hold below 12% for a true pivot. Leveraged Shorts Wiped Out in Derivatives Flurry Building on a recovery that wiped out Monday’s losses, bitcoin comfortably surpassed the $65,000 threshold on Wednesday. This latest leg up moved in lockstep with the release of U.S. producer price index (PPI) data. Mirroring …


