Ether, Dogecoin Lead Modest Market Gains, Bitcoin Holds $118K as CPI Print Fuels Rate Cut Bets

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Ether, Dogecoin Lead Modest Market Gains, Bitcoin Holds $118K as CPI Print Fuels Rate Cut Bets

coindesk.com/markets/2025/07/16/ether-dogecoin-lead-modest-market-gains-bitcoin-holds-118k-as-cpi-print-fuels-rate-cut-bets

hovered near $118,000 during the Asian trading hours on Wednesday, consolidating gains after June’s U.S. CPI data signaled further disinflation, pushing traders to reprice odds of a September Fed rate cut.
Core CPI rose just 0.1% month-over-month for the fifth straight time, fanning…

This story appeared on coindesk.com, 2025-07-16 05:31:52.