The U.S. Bureau of Labor Statistics (BLS) announced on the 11th that the Consumer Price Index (CPI) for August rose by 0.4% month-over-month and 3.4% year-over-year, aligning with market expectations. However, the core index increased by 0.3% month-over-month, surpassing the forecast of +0.2%.
Following the announcement, Bitcoin (BTC) briefly surged to around $79,500 but then retreated to approximately $77,000. Ethereum (ETH) is trading above $2,500.
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