FIRST MOVER: As the week ends with a fresh inflation surprise, July has brought relief to the crypto market. godbole17 reports
) held steady even as fresh U.S. economic data showed the Federal Reserve's preferred measure of inflation rose by more than expected in June.
While the data pointed to sticky inflation, the news barely impacted the dollar or U.S. Treasury yields, perhaps because markets remain focused onWhat is the definition of a recession? And does the U.S. economy meet the test? The discussion has suddenly become a parlor game among analysts and politicians alike. Helene BraunBitcoin traded at $23,550 at 12:45 coordinated universal time on Friday, representing a 3% gain on a 24-hour basis.
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