Major cryptocurrencies experienced mixed trading on Thursday evening, displaying resilience in the face of Consumer Price Index (CPI) data. In July, the CPI rose by 0.2%, with the Core CPI (excluding food and energy) also increasing by 0.2%. Year-over-year, the CPI rose by 3.2%, and the Core CPI increased by 4.7%. Additionally, the core CPI came in at 4.7% instead of the expected 4.8%. However, CredibleCrypto also acknowledges the possibility of Bitcoin trading within a certain range before the anticipated major rally takes place.
