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Bitcoin price rises after CPI decline

News | 2026/07/14 21:00

Bitcoin price rises after CPI decline

Bitcoin continues to rise, but Fed chair warns

At 3:54 PM today, Federal Reserve Chair Kevin Warsh spoke about the surprisingly soft inflation data for June. He stated that it is just one data point and cautioned against overinterpreting it:

“There might be some who say, 'Look, mission accomplished, everything is swell.' That is not my view,” Warsh said:

Currently, bitcoin, which was nearing the $65,000 level, has pulled back slightly but remains at $64,500, up 3% over the past 24 hours:

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