Bitcoin stagnates below $64,000 despite slowing inflation
Bitcoin remains below $64,000 despite slowing US inflation.
Published 19h2 sources✓ ConfirmedNotableupdated 13h
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3.5 %
4% year-over-year in July, down from 3.5% in June
The fact
The Consumer Price Index (CPI) rose by 3.4% year-over-year in July, down from 3.5% in June.
Equity markets reacted positively, but the cryptocurrency did not follow this trend.
2 sources — click a link to read an article on the topic:
Why it matters
Cette stagnation pourrait indiquer une prudence accrue des investisseurs face aux incertitudes macroéconomiques.