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Posted on • Originally published at getradiant.tech

Crypto Market Brief: Inflation Data Drives Bitcoin Higher

Inflation Cools, Rates Steady: Crypto Eyes Upside

Markets are breathing easier after soft inflation prints. Today's crypto bias is constructive, leaning bullish.

Macro calendar

Yesterday β€” what already moved

  • πŸ”΄ High Β· USD Β· 12:30pm β€” Core PPI m/m
  • πŸ”΄ High Β· USD Β· 12:30pm β€” PPI m/m
  • πŸ”΄ High Β· CAD Β· 1:45pm β€” BOC Monetary Policy Report
  • πŸ”΄ High Β· CAD Β· 1:45pm β€” BOC Rate Statement
  • πŸ”΄ High Β· CAD Β· 1:45pm β€” Overnight Rate
  • πŸ”΄ High Β· USD Β· 2:00pm β€” Fed Chairman Warsh Testifies
  • πŸ”΄ High Β· CAD Β· 2:45pm β€” BOC Press Conference

Today β€” watch list (times in ET)

  • πŸ”΄ High Β· GBP Β· 6:00am β€” GDP m/m
  • 🟑 Med Β· USD Β· 12:30pm β€” Core Retail Sales m/m
  • 🟑 Med Β· USD Β· 12:30pm β€” Philly Fed Manufacturing Index
  • 🟑 Med Β· USD Β· 12:30pm β€” Retail Sales m/m
  • 🟑 Med Β· USD Β· 12:30pm β€” Unemployment Claims

Top closed crypto trades (24h)

Asset Side PnL ROI on $700
WLD SHORT +$7.60 +1.09%
BEAT LONG +$5.80 +0.83%

Open crypto positions leading right now

Asset Side Unrealized PnL ROI
RIVN LONG +$16.94 +1.65%
USELESS SHORT +$9.59 +3.25%
1000BONK SHORT +$8.63 +2.24%
ZRO SHORT +$6.97 +3.65%
SPCX SHORT +$2.97 +0.62%

The rally past $65k on soft inflation data (Bitcoin Magazine) is the primary driver. This macro relief shows investors are willing to step back in. Meanwhile, the recurring Ostium oracle exploit (Decrypt, CoinDesk) is a stark reminder of DeFi's persistent risks, though likely contained to specific protocols today.

Revolut securing UAE approval (CoinTelegraph) signals growing regulatory clarity in key markets, which is a long-term positive. We're watching for follow-through buying, especially in BTC if it holds $65k.

Today’s macro backdrop supports a bullish crypto bias. Our open longs are showing strength, while shorts hold steady. Stay disciplined with entries and exits as we watch key levels. Explore Radiant's alpha at /algorithms.

Sources tracked

Headlines from the last 24h were aggregated and analysed from CryptoPanic, CoinDesk, CoinTelegraph, Decrypt and Bitcoin Magazine. We summarise market-moving facts in our own words; we do not republish third-party content.

  • Decrypt β€” Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack
  • Decrypt β€” US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
  • CoinDesk β€” Two groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
  • CoinTelegraph β€” Revolut receives in-principle approval from UAE authorities for crypto services
  • Bitcoin Magazine β€” Bitcoin Price Jumps Over $65,500 on Soft Inflation Data
  • CoinDesk β€” Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
  • CoinTelegraph β€” Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets
  • CoinDesk β€” Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000
  • CoinDesk β€” Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund
  • Decrypt β€” OpenAI Uses AI Red Team to Strengthen GPT-5.6 Against Prompt Injection Attacks

About Radiant

Radiant is an automated crypto and tokenized-stocks trading platform β€” verified live performance, transparent equity curves, and managed portfolios.

Mentioned tickers: CRYPTO Β· BITCOIN Β· DEFI Β· INFLATION

Originally published at getradiant.tech/updates/market-brief-crypto-july-16-2026. Not financial advice.

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