June CPI Heats Up: Bitcoin Takes a Tumble š”ļøš
Inflation in the U.S. picked up pace in June, sending a ripple through global markets and crypto alike. According to the latest CPI data, consumer prices rose 0.3% month-over-month, up from 0.1% in May, and exactly in line with forecasts. Itās like the economy decided to break a sweat, just when we thought it was cooling off. š¤š¦