Bitcoin steady on US wholesale inventory growth miss, supporting falling inflation

US wholesale inventory growth data for June came in at 0.2%, lower than the previous 0.6% and the estimated 0.5%, suggesting cautious inventory management amid uncertain demand. If this reflects weakening consumer spending, it could potentially ease inflationary pressures. Retail inventories, excluding auto, grew 0.2%, supporting a trend of reduced consumer spending, particularly on... source: https://cryptoslate.com/insights/bitcoin-steady-on-us-wholesale-inventory-growth-miss-supporting-falling-inflation/