Bitcoin hovers near $64,600 as inflation cools, geopolitical risks cap gains

Bitcoin traded near $64,600 after slipping 0.42% in 24 hours, while Ethereum gained 2.24% to $1,917 amid mixed altcoin performance. Softer US producer inflation data, which fell 0.3% month-on-month, supported a three-week high above $65,500, though analysts flagged resistance around $67,200 and the 50-month EMA as key hurdles. Global crypto market capitalisation stood at $2.22 trillion, with renewed ETF inflows pointing to cautious institutional confidence.