Bitcoin and Ethereum Response to Inflation Data
Inflation in the U.S. has cooled more than expected, dropping to 2.9% in the 12 months through July. This slowdown is significant as it marks the lowest inflation rate since March 2021. However, this doesn't mean the Federal Reserve will immediately slash interest rates. One of the main reasons is persistent shelter cost inflation, which remains high.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
