Bitcoin

The US CPI inflation has been measured at 3.2%, slightly lower than the anticipated 3.3%. This news has led to Bitcoin and Ethereum prices being stressed, although traders hold optimism.Follow CryptosHeadlines On <a href="https://twitter.com/CryptosHeadline" rel="noopener noreferrer nofollow">Twitter</a>In July, the yearly CPI inflation is <a href="https://www.bls.gov/news.release/cpi.nr0.htm" rel="noopener noreferrer nofollow">reported</a> at 3.2%, slightly lower than the expected 3.3%, as revealed by the U.S. Bureau of Labor Statistics. Moreover, the Core CPI inflation stands at 4.7%, just below the predicted 4.8%, and the monthly rate remains at 0.2%.The fact that annual inflation is higher than the previous month’s 3% could allow the US <a href="https://cryptosheadlines.com/first-time-in-years-federal-reserve-raises-fed-funds-rate-above-5/" rel="noopener noreferrer nofollow">Federal Reserve</a> to keep a cautious stance. Both the stock and <a href="https://cryptosheadlines.com/us-fed-chair-signals-two-additional-rate-hikes-as-cryptocurrency-market-experiences-volatility/" rel="noopener noreferrer nofollow">cryptocurrency markets</a> might need to wait a bit longer for a significant change. <a href="https://cryptosheadlines.com/us-cpi-inflation-at-3-2-potential-rally-for-bitcoin-and-ethereum/" rel="noopener noreferrer nofollow">Read More...</a>

US CPI Inflation at 3.2% – Potential Rally for Bitcoin and Ethereum?

CryptosHeadlines.com

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