Bitcoin Falls Below $30,000 After Inflation Data; Optimism, Injective Among Top Losers

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Benzinga

Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $30,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved lower, but remained above the key $1,800 mark this morning. Annual inflation rate in the U.S. rose to 3.2% in July from 3% in June, but down from market estimates of 3.3%. The monthly inflation rate, however, held steady at 0.2% in July, matching market estimates. Aptos (CRYPTO: APT) was the top gainer over the prior 24 hours, while Optimism (CRYPTO: OP) turned out to be the biggest loser. At the time of writing, the global crypto market cap fell…

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