The U.S. CPI inflation data came in below expectations, increasing the odds of two more rate cuts this year. Bitcoin rose on the back of the data release, seeing as the Fed could make another rate cut at the upcoming FOMC meeting next week. CPI Inflation Data Rises To 3% Year-On-Year, Bitcoin Surges Bureau ofThe post Breaking: U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises appeared first on CoinGape.