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Bitcoin ($BTC) opened at $63,912.50 on Tuesday, August 11, 2026, down 1.4% from Monday's starting price, while ethereum ($ETH) opened at $1,871.33, a 2% decline from Monday's open.
Both assets recovered some ground in early trading, with bitcoin reaching $64,282.28 and ethereum $1,888.83 as of 8:32 a.m.
Inflation reports and the Fed's September decision Two inflation readings are scheduled for release later this week.
The results will factor into whether the Federal Reserve raises interest rates at its two-day September meeting. Higher rates weigh on bitcoin and ethereum prices because neither asset pays interest, the source notes.
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