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crypto3.4 %The Consumer Price Index (CPI) rose by 3.4% year-over-year in July, down from 3Confirmed · 2 sources

Bitcoin stagnates below $64,000 despite slowing inflation

Bitcoin remains below $64,000 despite slowing US inflation.

Published 19h2 sourcesConfirmedNotableupdated 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.

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