Bitcoin rebounds to $64,800 as June CPI inflation “cools,” boosting crypto assets
Bitcoin (BTC) rebounded to around $64,800 on July 15, rising 2.3% that day. The catalyst was the June Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics: the month-over-month decline was 0.4%, better than market expectations; on an annualized basis, inflation slowed to 3.5%, the first drop in five months. As inflation cooled, the market believed near-term rate-hike pressure eased, benefiting both stocks and crypto assets in tandem. June CPI Data: Three Key Inflation Indic
MarketWhisper·07-15 01:04

