U.S. inflation slowed to 3.4% in July CPI, while Bitcoin remained stable around $64,000
2026-08-12 20:54:13
According to CoinMeta, the U.S. Consumer Price Index in July rose 3.4% year-on-year, in line with expectations, and 0.1% month-on-month. The core inflation rate (excluding food and energy) rose 0.2% month-on-month. The price of Bitcoin fluctuated around $64,000, and during trading on Thursday, the price dropped from $64,400 to $64,080 before stabilizing. Market participants estimate that the probability of the Federal Reserve raising interest rates at its upcoming September meeting is 44%.
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Source:CoinDesk
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