[Morning Minute] Crypto Market Rebounds on June CPI Drop, Bitcoin and Ethereum Rise Together

On July 15, 2026, the cryptocurrency market recorded a strong upward trend in response to a positive inflation report released by the U.S. Bureau of Labor Statistics (BLS). As the June Consumer Price Index (CPI) recorded an unexpected decline, Bitcoin recovered the $64,000 mark, serving as a significant turning point for market sentiment to shift from fear to cautious optimism.

The decline in the June CPI materialized market expectations for a Fed rate cut, triggering strong buying pressure on risk assets such as cryptocurrencies.

According to BLS data released on July 14, 2026, the June CPI fell 0.4% month-over-month, showing a deflationary trend that defied market expectations. This signifies a significant easing of inflationary pressure compared to the 0.5% increase recorded in May 2026, and the market took this as a signal for a Fed policy pivot.

Price Recovery of Bitcoin and Ethereum

Bitcoin rose to $64,959.87 as of 9:00 AM on July 15, 2026, recording a return of approximately 4.3%. Breaking away from the vulnerable situation in early July where the $60,000 level was threatened, Bitcoin showed its most notable rebound in a week through this surge.

• Circle recorded somewhat sluggish metrics, but its influence in the stablecoin ecosystem was maintained.
• Pump.fun attracted market attention with a surge in trading activity following its first major lock-up release.
• Large-scale asset rotation was observed for the first time on the Robinhood Chain, suggesting active movement within the platform.

Ethereum also recorded a 6% increase, leading the market rally alongside Bitcoin. Despite the price volatility that continued throughout the first half of 2026, this news of slowing inflation played a decisive role in Ethereum breaking through major technical resistance levels.

Institutional investor activity has also become active again, with capital inflows into BlackRock's IBIT spot ETF being particularly notable. Based on the cooled CPI data, investors are highly anticipating the possibility of a Fed interest rate cut, which is becoming a major driver for institutional funds flowing into the virtual asset market.

Market Sentiment Indicators and Future Support Levels

The Fear and Greed Index recorded 52, signaling that the market has moved out of extreme fear and entered a neutral phase. Market analysts analyze that maintaining a price level above $63,000 for Bitcoin is an essential condition for further future gains.

In the second half of July 2026, macroeconomic indicators and institutional fund flows are expected to remain key factors determining the market's direction. As the slowdown in inflation has been confirmed, investors are now focusing on the Fed's next moves and whether additional liquidity will be provided.

The virtual asset market showed the possibility of entering a long-term recovery trend following this CPI announcement. However, as macroeconomic uncertainty has not been completely resolved, it is necessary to carefully monitor the confirmation of major technical support levels and the continuous inflow of institutional buying pressure.