Could CPI report exhibits disinflation persisting as Bitcoin rises

Fast Take

• The U.S. shopper value index report for May got here in right now with numbers decrease than anticipated.
• The pattern of lowering inflation persists within the U.S.; nevertheless, the core index stays persistently excessive.
• Following the discharge of the CPI report, Bitcoin skilled a lift, rising by 1.8% to a brand new worth of $26,400.
• Based mostly on the present market reactions, there’s an 80% chance of a market “pause” being factored in.

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