Bitcoin Sets New High On Back Of Latest CPI Inflation Data | NYGazet

Bitcoin notched a new all-time high of $123,231 on Wednesday after US CPI inflation came in at 2.7% year-on-year for July, slightly below the 2.8% forecast.

Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500, which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US CPI print sh... [2184 chars]