Bitcoin Price Prediction: Key US Inflation Data Just Dropped – Where is BTC Going Next?
Bitcoin is trading at $119,745, up 1.02% in the past 24 hours, as traders digest fresh U.S. inflation data. July’s Consumer Price Index (CPI) rose 0.2%, matching expectations, while annual inflation held at 2.7%. Core CPI—excluding food and energy—climbed 0.3%, the largest monthly gain since January, pushing the year-on-year figure to 3.1% from June’s 2.9%….
