Bitcoin Drops as August CPI Shows Inflation at 8.3%

The August Consumer Price Index (CPI) is out, showing inflation at 8.3% over the past year, rising a bit higher than expected considering gas prices declined. FalconX co-founder & CEO Raghu Yarlagadda joins "First Mover" to discuss crypto markets, including the latest inflation data and the historic Ethereum Merge that is nearly upon us. Also joining is Raj Gokal, Solana Labs chief operating officer, and Securitize founder and CEO Carlos Domingo.

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"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.