Crypto Weekly Recap: Bitcoin Slips Below $63,000 as CPI Relief Never Arrives
Crypto markets fell as Bitcoin traded near $62,990, down 2.7% on the week, and Ethereum fell about 1.7%. July CPI matched forecasts but stayed above the Fed’s 2% target, while spot Bitcoin ETF flows turned to outflows totaling about $332 million. XRP briefly dipped below $1 after a Coreum bridge exploit. Riot said it will sell 4,300 BTC to fund AI data centers.




