Bitcoin targets $65,000 as rate cut prospects strengthen, analysts suggest

The US Consumer Price Index (CPI) numbers came out this morning, with the July CPI inflation rate falling to 2.9%, below expectations of 3%. Industry experts believe that a rate cut in September becomes more likely, and this could lead to a sustained rally for Bitcoin (BTC) to the $65,000 price level.Meanwhile, the Core CPI inflation, which excludes food and energy, aligned with 3.2%... source: https://cryptobriefing.com/bitcoin-rate-cut-prospects/