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US CPI Inflation Eases to 3.4% as Expected, Bitcoin (BTC) Holds Steady Near $64,000
12.08.2026 15:48
The latest U.S. Consumer Price Index (CPI) report showed inflation cooling to 3.4% year-over-year, matching market expectations and signaling a continued slowdown in price pressures. This data point is closely watched by crypto investors as it influences Federal Reserve policy decisions on interest rates. In response, Bitcoin (BTC) demonstrated resilience, maintaining its position near the $64,000 mark. The stable price action suggests that traders are cautiously optimistic, interpreting the softer inflation print as a potential precursor to a more accommodative monetary stance, which historically benefits risk-on assets like cryptocurrencies.
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