Bitcoin Nears $31K After June U.S. Inflation Data

Jul 12, 2023

The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May. Bitcoin (BTC) rose modestly to $30,900 in the immediate aftermath of the report before retreating slightly. Unchained CEO and co-founder Joe Kelly discusses the market reaction. Plus, insights into the U.S. spot bitcoin ETF race and Unchained's private client service launch.

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