Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined. www.coindesk.com
Inflation
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Markets
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
by shayaanby shayaanWeeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said. www.coindesk.com
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Markets
Live updates: Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive
by shayaanby shayaanTrump’s comments on jobs, inflation and a possible Strait of Hormuz deal have helped risk sentiment, but bitcoin’s next move depends on …
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Dallas Federal Reserve President Lorie Logan has issued a new warning to investors that the battle against inflation might not be over …
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Markets
Polymarket Fed Hold Odds Hit 94% As Softer Inflation Boosts Bitcoin Mood
by shayaanby shayaanPolymarket traders are pricing in a high probability that the Federal Reserve holds rates steady at its July meeting, with odds rising …
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Finance
Bitcoin Blasts Past $65K as Soft Inflation Ignites Stocks, Gold and Crypto
by shayaanby shayaanProducer Prices Cool, Fed Bets Shift The Bureau of Labor Statistics released the June Producer Price Index (PPI) at 8:30 a.m. Eastern …
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Markets
BNB Stabilizes Near $578 As Softer Inflation Helps Exchange Tokens Steady
by shayaanby shayaanThe market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, because bnb …
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Bitcoin has entered a high-risk week as fresh inflation data and renewed Federal Reserve rate concerns have intensified pressure on crypto markets. …
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Markets
Bitcoin nears $65,000 as cooling U.S. inflation guts the Fed rate-hike trade
by shayaanby shayaanThe June CPI print pulled hike odds from 43% to 13%, with analysts now watching the September FOMC meeting for further cues …
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Smart Contracts
Bitcoin Ticks Up to $64K Following Largest Inflation Slowdown in Six Years
by shayaanby shayaanIn short U.S. consumer prices fell 0.4% in June, denting expectations for rate hikes and marking the biggest monthly decline since April …