$BTC remains rangebound amid CPI and Iran headlines. As of now, $BTC is trading at $61,501 and $ETH is trading at $1,621. Bitcoin dominance stands at 58.92%.
U.S. CPI rose 0.5% in May, pushing annual inflation to 4.2%, the highest level in three years, largely driven by energy prices, which rose 3.9% on the month and 23.5% from a year ago. However, core CPI, which excludes food and energy, increased just 0.2% on the month and 2.9% annually, suggesting underlying inflation pressures remain relatively contained despite the headline surge.
A few other headlines include: Raydium says a $1.34 million exploit impacted a retired AMM program and that its treasury will cover user losses and the CFTC is set to propose expansive prediction market rules that would allow sports and election wagering.
During the last 24 hours, the top three gainers were $VELVET, $BEAT, and $HASH, while the top three losers were $B, $LAB, and $SIREN.
