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A Goldman Sachs analyst mentioned that the July CPI inflation data indicates a continued path towards disinflation. Could this lead to a Bitcoin price increase?Follow CryptosHeadlines On <a href="https://twitter.com/CryptosHeadline" rel="noopener noreferrer nofollow">Twitter</a>Despite the first yearly increase in inflation in about a year, experts believe that the ongoing trend towards disinflation remains intact. The U.S. Bureau of Labor Statistics <a href="https://www.bls.gov/news.release/cpi.nr0.htm" rel="noopener noreferrer nofollow">announced</a> that U.S. inflation grew by 3.2% on an annual basis in July 2023.During that month, the Consumer Price Index (CPI) for All Urban Consumers saw a 0.2% increase, adjusted for seasonal factors, and a 3.2% rise over the past year without seasonal adjustments, according to the Department’s statement. <a href="https://cryptosheadlines.com/goldman-sachs-analysts-fed-rate-hike-prediction-positive-for-bitcoin/" rel="noopener noreferrer nofollow">Read More...</a>

Goldman Sachs Analyst’s Fed Rate Hike Prediction: Positive for Bitcoin?

CryptosHeadlines.com

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