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Fed rate policy

US Inflation Holds at 2.7% in June, Bitcoin Registers Modest Gains Amid Fed Rate Cut Uncertainty

The latest Consumer Price Index (CPI) report indicated US inflation remained elevated in June. Year-over-year CPI reached 2.7%, aligning with economists’ projections, while prices increased 0.3% compared to the prior month. Bitcoin showed a minor uptick in price following the… Read More »US Inflation Holds at 2.7% in June, Bitcoin Registers Modest Gains Amid Fed Rate Cut Uncertainty

Lower-Than-Expected U.S. CPI Data Boosts Bitcoin and Crypto Market Sentiment

The latest U.S. Consumer Price Index (CPI) report showed a smaller-than-anticipated increase, potentially signaling easing inflationary pressures and providing support for Bitcoin and the broader cryptocurrency market. The May CPI recorded a 0.1% rise, falling below the forecasted 0.2% increase.… Read More »Lower-Than-Expected U.S. CPI Data Boosts Bitcoin and Crypto Market Sentiment