Bitcoin Rises Amid Slowing Inflation in the US

🟡 In June, inflation in the US slowed down: the Consumer Price Index (CPI) came in at 3% year-over-year, below the expected 3.1%. This could signal economic stabilization. Against this backdrop, the price of Bitcoin slightly increased, surpassing $59,000.

🟡 The US Department of Labor reported that the index (excluding food and energy) rose by 0.1% on a monthly basis, still indicating a slowdown in inflation. Notably, the figure for May 2024 was 3.3%.