Bitcoin trading flat following uptick in U.S. inflation to 3.2%

Quick Take The recent U.S. Consumer Price Index (CPI) data reveals a stronger inflationary trend than the previous month. Headline inflation has risen to 3.2% from 3% in June, lower than expected, with forecasts coming in at 3.3%. Concurrently, core inflation remained steady with the forecast, manifesting at 4.8%, but came in at 4.7% year … Continue reading Bitcoin trading flat following uptick in U.S. inflation to 3.2%