Bitcoin Price Falls Below $58k Despite Favourable CPI Print – Are Crypto Presales Better Investments?

The US Bureau of Labor Statistics released the Consumer Price Index for June today on Thursday. The headline annual CPI inflation came out at 3%, better than the market’s consensus of 3.1%. Similarly, the core CPI inflation YoY increased by 3.3%, better than the expected 3.4%.

Source: Crypto Daily