U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Prior to the report, market participants had recently become increasingly convinced that the Fed was going to trim rates at its September meeting.

This is a companion discussion topic for the original entry at https://www.coindesk.com/markets/2024/07/11/us-inflation-turned-negative-in-june-bitcoin-jumps-above-59k/