Bitcoin Holds Above $61,000 As CPI Inflation Falls To 2.9%

Bitcoin (BTC) price holds above $61,000 as US CPI inflation data falls to 2.9% in July, lower than expectations. CPI data measures price increases in consumer goods and services. After running stale for most of 2023, the influence of US macroeconomic data on Bitcoin and crypto markets is resuming. CPI At 2.9%, Falls Lower Than Expectations The US Bureau of Labor Statistics... source: https://beincrypto.com/bitcoin-holds-above-61000-as-cpi-inflation-falls/