Back to all news
Bitcoin

U.S. CPI Falls To 3.4% In Line With Expectations, Bitcoin Rises

CoinGape·August 12, 2026·1 min read
U.S. CPI Falls To 3.4% In Line With Expectations, Bitcoin Rises

U.S. CPI fell to 3.4% in July, in line with expectations, easing Fed rate hike concerns. Bitcoin rebounded, climbing above $64,000 amid the inflation data release. The Bureau of Labor Statistics data showed inflation cooling, supporting risk assets like Bitcoin.

Read at CoinGape
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store