Coin World news: The U.S. June Consumer Price Index (CPI) fell to 3.5%, below the market expectation of 3.8%, marking the first decline in five months and providing fresh support for risk assets. Core inflation fell from 2.9% to 2.6%. After the CPI data was released, Bitcoin rose by nearly 5%, reaching approximately $64,830. The market is watching how future oil prices and inflation data will change.

BTC3.22%
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ZenOfZK
· 1h ago
Core inflation is 2.6%. The odds of the Fed cutting rates in September are rising again—so in crypto, run ahead and get a head start.
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CandleLibrarian
· 1h ago
Lower than expected by 0.3 percentage points; the market reaction is so intense, which suggests the prior bets were too pessimistic.
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WickHunter
· 1h ago
If oil prices cause more trouble, how long can this tailwind hold?
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ReboundAtTheStreetCornerAfter
· 1h ago
CPI fell, risk assets are having a frenzy, but don’t get too excited yet.
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