CPI Surprise: Inflation Drops Sharper Than Expected, Lifting Crypto Outlook

US inflation cooled faster than economists anticipated on July 14, 2026, delivering a notable win for risk assets including cryptocurrency. Bitcoin reclaimed $63,000 on the news, and was well in the way to test $64,000 as of this writing. Data Signals Easing Pressures The Bureau of Labor Statistics reported June headline CPI at 3.5% year-over-year,