Bitcoin and Crypto Markets Pop As CPI Data Shows Peak Inflation Reversal

Crypto traders are celebrating a highly-anticipated report from the Fed that details a meaningful reversal in inflation for the first time this year. The consumer price index (CPI) shows a year-over-year inflation increase of 8.5% in July, compared to 9.1% in June. While inflation remains red-hot, global markets are popping on the prospect that high […]The post Bitcoin and Crypto Markets Pop As CPI Data Shows Peak Inflation Reversal appeared first on The Daily Hodl.