⚡️ Inflation data is pushing the market up.
The US Consumer Price Index (CPI) is a key way of measuring changes in purchasing trends and inflation in the US.
Below-expected indicators indicate a negative/bearish outcome for USD, respectively, a positive outcome for BTC.
➡️ Consumer Price Index (CPI) (m/m) June - -0.1% (expectation +0.1% / previously 0%).
Bitcoin went up against the backdrop of a positive report 📈