🚀Bitcoin and other altcoins continue to rise after the publication of encouraging US inflation data for June. BTC jumped to $59,000 on Thursday, surging from last week's low of $53,700. Other tokens such as Mantra (OM), Notcoin (NOT), AAVE (AAVE) and JasmyCoin (JASMY) are up by double digits.

📉Data from the Bureau of Labor Statistics (BLS) showed that the headline consumer price index (CPI) fell from 0.0% to -0.1% in June, below the median forecast of 0.1%. This indicates that inflation is moving in the right direction, which could influence the Federal Reserve's next actions.

💬What do you think about this? Share your thoughts in the comments below!