๐ Bitcoin Hits $65K, ETH Jumps 6.6% as CPI Shows Biggest Monthly Drop Since 2020
Bitcoin climbed ~4.4% to around $65,000 today while Ethereum surged ~6.6% to nearly $1,890, both rallying after a softer-than-expected CPI report โ the largest single-month decline in consumer prices since April 2020. The global crypto market cap hit $2.3 trillion, up 3.2% on $70.6B in 24-hour volume. U.S. spot Ethereum ETFs also reversed course with ~$58M in net inflows, a positive sign after a mixed few weeks. Could macro tailwinds finally be setting up a real Q3 run? Not financial advice.
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