Bitcoin (BTC) is extending its decline below $64,000 at the time of writing on Wednesday, as Gold (XAU/USD) maintains its breakout momentum, trading near $4,420. The varied price action follows the release of the United States (US) Consumer Price Index (CPI) report, which broadly met market expectations. US CPI report triggers volatility in Bitcoin and GoldThe Bureau of Labor Statistics (BLS) released the latest US CPI data on Wednesday, showing a seasonally adjusted increase of 0.1% in July. BTC/USDT daily chartImmediate support is defined by the Parabolic SAR level near $62,753. XAU/USDT daily chartInitial support lies at the 100-day EMA around $4,321, followed by the 200-day EMA near $4,287, which guards deeper pullbacks within the broader uptrend.