#us-cpi

#us-cpi

Higher-than-expected U.S. CPI data put pressure on gold yesterday, pushing the metal down toward nearly USD 4,640/oz. However, the subsequent rebound back above USD 4,700/oz suggests that the market is beginning to reassess gold's role as a safe-haven asset and a store of value amid persistent inflation and rising macroeconomic uncertainty.

The bitcoin price dropped sharply today after a brief pump near $90,000, sliding to $84,544 as the price sell-off continued into its second month. Bitcoin lost 2% over the past 24 hours. It remains 5% below its seven-day high of $89,220 and hovers near the week's low of $84,596. Trading volume reached $56 billion. Bitcoin's market capitalization stands at $1.69 trillion. The circulating supply is roughly 19.96 million BTC out of a total 21 million, according to Bitcoin Magazine Pro data.