This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
- Headline CPI in June fell by a far larger-than-expected 0.4%.
- The core rate was flat versus expectations for a rise 0.2%.
- The news is likely to end the growing anticipation of a Fed rate hike in July.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Shiba Inu surges 36% as South Korean traders fuel mystery rally
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Saylor and team overhaul Strategy's bitcoin metrics as bear market persists
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