Early Tuesday, Trump, the first U.S. presidential candidate to accept crypto donations, met with executives of Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

Republican presidential candidate Donald Trump said on Tuesday that he wants all the remaining bitcoin to be made in the U.S., reiterating that it will help the country become energy-dominant.

"Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the

The U.S. Consumer Price Index (CPI) was flat in May, beating economist forecasts for a 0.1% rise and down from 0.3% in April.

On a year-over-year basis, CPI was up 3.3%, compared to analyst forecasts and the previous month's reading at 3.4%.

Bitcoin ($BTC )welcomed the soft inflation read, jumping to $69,400, up nearly 4% over the past 24 hours.

After inflation readings rapidly fell in 2022 and 2023 as the Federal Reserve jacked up interest rates, the trend stalled in the previous months a