Bitcoin Price (BTC) wins modestly after inflation data

There was good news in the front of the US inflation. UU. In May, since the main and main fees of the consumer price index increased less than the prognosis.

The CPI increased 0.1% in May, according to the Office of Labor Statistics. The forecasts of economists had been 0.2% and the April rhythm was 0.2%.

About a year after year, the CPI rose 2.4% compared to estimates of 2.5% and 2.3% in April

The central ICC, which eliminates volatile food and energy categories, increased 0.1% last month compared to forecasts for 0.3% and 0.2% in April. The central ICC year after year was 2.8% compared to 2.9% expected and 2.8% in April.

The markets are kept in Outlook Talak

Bitcoin

It increased approximately 0.6% in the moments after the news, quoting to $ 109,800, 0.3% more in the last 24 hours.

Despite the continuous uncertainty about the trajectory of inflation, the market continues to trust the Federal Reserve will begin to relieve politics at the end of this year. According to the CME Fedwatch tool, merchants have a total price in two rates cuts, and the first expected in September and the second in December. At the moment, the new data of this morning have not changed that calculation.

A control of traditional markets finds that futures of the US shares index. 10 -year Treasury yield is lower at five basic points than 4.45%.



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