US Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps

Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting.Read MoreCoinDeskCrypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting.

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