Bitcoin starts the week with new August highs as traders weigh the impact of crunch US inflation data.Key points:US CPI and PPI data comes amid fluctuating bets on Federal Reserve interest-rate hikes in 2026.The Japanese yen remains at the forefront as it creeps back toward the key 160 level against the US dollar.Bitcoin (BTC) traders see the area around $65,800 as crucial for bulls after BTC/USD hits new month-to-date highs.Larger Bitcoin wallets contrast with retail holders after a conspicuous two-month accumulation spree.Baskets of onchain indicators still see the bear market continuing in the second half of the year. CPI, PPI data…

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