Bitcoin Surges as US June CPI Falls Sharply Below Expectations
The US Consumer Price Index for June dropped more than anticipated, fueling optimism for a less aggressive Federal Reserve policy. Bitcoin rallied sharply on the news, reflecting improved risk appetite.
Bitcoin Price Rockets as US CPI for June Comes in Well Below Expectations
CPI Surprise: Inflation Drops Sharper Than Expected, Lifting Crypto Outlook
Cool CPI Print Ignites Market Rebound as Bitcoin, Gold and Stocks Rip Higher https://t.co/OO37V2v8lT
THE BLOCK: Bitcoin bitcoin:native climbed past $63,700 after US June CPI fell 0.4%, the sharpest monthly drop since 2020, with core inflation flat at 2.6% annually. Analysts say crypto desks spent the week bracing for a hawkish Fed on Middle East oil. The print landed softer than any of them modele
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
Bitcoin climbs above $63,700 as US June CPI shows sharp inflation drop
‘Soft print, hard regime’: Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020
🔥 HOT TOPIC: Bitcoin pumps as inflation cools June CPI: 3.5% vs 3.8% expected. bitcoin:native jumped 2% while July hike odds sat near 40%. Then Warsh told Congress the Fed has no tolerance for elevated inflation 👇 https://coinmarketcap.com/community/topic/Bitcoin-pumps-as-inflation-cools/