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NewsLayer PulseLIVEBTC$76,310+9.38%ETH$2,373+5.47%SOL$90.45+5.04%XRP$1.31+18.08%DOGE$0.0833+10.75%ADA$0.2103+14.27%Total Cap$2.68T+7.89%24H Vol$375.0BLayer Index75 Greed

BreakingCrypto’s Next Rotation Is Being Driven by Trust Fragmentation, Not Just Pricevor 7 Stunden

Markets

Live Markets: U.S. inflation is stickier than July’s mild CPI reading suggests

Underlying economic pressures in the U.S. remain stickier than the consumer price index figure released Wednesday implies, according to macroeconomic writer Mike “Mish” Shedlock.

Omkar Godbole

Publisher CoinDesk

Aug 13, 2026 at 9:18 AM UTC · 1 Min. Lesezeit

Live Markets: U.S. inflation is stickier than July’s mild CPI reading suggests — Image via CoinDesk

Market Impact

BTC+9.38%$76,310

Last Updated

vor 8 Tagen

Übersetzung…

Underlying economic pressures in the U.S. remain stickier than the consumer price index figure released Wednesday implies, according to macroeconomic writer Mike “Mish” Shedlock.

The CPI report showed inflation slowed in July amid a short retreat in energy prices.

In a blog post Wednesday, Shedlock noted that temporary drops in energy and gasoline prices make the headline figure look small. However, underneath, inflation remained sticky and food prices are undercounted by Bureau of Labor Statistics methods. He also argued that the index ignores key housing costs such as property taxes, insurance and home prices.

This could be why the marginal month‑on‑month increase and the year‑on‑year decline in CPI did not translate into a material softening of the Dollar Index, and therefore offered little support for bitcoin (BTC).

The cryptocurrency continues to trade choppy under $64,000.

#markets

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Originally reported by CoinDesk

NewsLayer coverage based on externally reported material.

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