Bitcoin climbs above $63,700 after US June CPI shows inflation drop. Bitcoin above $58K by July 16 at 99.3% YES.

June 2026 CPI data releases July 14. Forecasts show a -0.1% monthly dip driven by falling gas prices, with major implications for Bitcoin and Fed rate cuts.

June 2026 CPI rose 3.5% year-over-year, beating the 3.8% consensus forecast and dropping from May's 4.2% reading, easing pressure on the Fed and boosting