Bitcoin's price rose modestly after US CPI data showed inflation increased 2.7% in July, aligning with economists' expectations.



The CPI print, while showing persistent inflation, did not surprise markets, leading to a muted BTC reaction at $118,500.

Analysts predict a 90% chance of the Federal Reserve cutting rates in September, with Bitcoin likely unaffected by the CPI report.

#breakingnews# #cpi#
BTC-2.35%
IN-14.22%
NOT-6.31%
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Mohamed_Ben_Yassinvip
· 08-12 14:24
Good luck my elder brother
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FlowersDriftingAwayFrvip
· 08-12 12:58
Ether will. All the funds have run to Ether.
View OriginalReply1
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