$BTC showed choppy price action following the CPI release. As of now, $BTC is trading at $117,762 and $ETH is trading at $3,138. Bitcoin dominance stands at 63.78%.
The June CPI released on July 15, 2025 came in above expectations, with headline inflation rising 0.3% m/m (vs. 0.2% expected) and 2.7% y/y (vs. 2.6% expected), driven by higher food, energy, and shelter costs. Core CPI also slightly exceeded forecasts at 0.2% m/m and 2.9% y/y, reinforcing concerns that inflation remains sticky and pushing out prospects for near-term Fed rate cuts.
A few other headlines include: the House scrapped Tuesday votes on crypto bills after a procedural failure, Cantor Fitzgerald SPAC is set to close a $4 billion Bitcoin deal with Adam Back, and Bitcoin spot ETFs saw a total net inflow of $297 million, marking eight consecutive days of net inflows.
During the last 24 hours, the top three gainers were $PUMP, $MORPHO, and $WAL, while the top three losers were $TKX, $XCN, and $XDC.
