cryptonews
June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms
June CPI fell a seasonally adjusted 0.4% month-over-month, the steepest monthly drop since April 2020, pulling the annual inflation rate to 3.5% against a Dow Jones consensus of 3.8%, and Bitcoin responded with an immediate push higher after the print. The data beat is real. Bitcoin (BTC)24h7d30d1y…