India, July 15 -- Bitcoin (BTC) extended its recovery on Wednesday, July 15, as the world's largest cryptocurrency moved closer to the $64,700 level after gaining around 3% in the last 24 hours. The latest Bitcoin rally came as investors reacted positively to softer US inflation data, which reduced concerns over aggressive monetary policy tightening and weakened the US dollar.

Bitcoin Price USD Today (July 15): BTC/USD Trades Near $64,700

Bitcoin was trading around $64,700-$64,800 on July 15, showing renewed buying interest after a period of consolidation near the $62,000 zone. Market data showed BTC holding strong momentum, with prices briefly touching levels above $64,700 as traders responded to improving macroeconomic sentiment.

The...