CRYPTO CLIMBS AFTER CPI
Cryptocurrencies moved higher after July CPI matched expectations, easing inflation concerns.
Bitcoin rose 0.6% to $64,051, Ethereum gained 1.5% to $1,909, Solana added 0.8%, and XRP rose 0.2%.
While CPI provided support, analysts say the bigger driver remains institutional money flowing into crypto ETFs, alongside growing adoption of blockchain-based settlement systems.