CPI Inflation Falls to 3% in June, Core Rate Drops to 4.8%; Bitcoin Price (BTC) Rises Modestly

CPI Inflation Falls to 3% in June, Core Rate Drops to 4.8%; Bitcoin Price (BTC) Rises Modestly



The price of bitcoin (BTC) – which has been in a holding pattern between $30,000 and $31,000 for much of the past few days – rose modestly to $30,900 in the immediate aftermath of the report, but subsequently gave back that gain, returning to just under $30,800.



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