Inflation is really cooling down! US CPI came in at 3.5%, not only below expectations and the previous value, but core data also continues to ease. The market is pricing in a Fed rate cut for September again, and risk assets are bouncing back instantly. BTC briefly reclaimed $63,000. The whale who opened a $226 million long position at $63,064.4 yesterday has already turned losses into gains. As of now, BTC is trading at $63,775.3, with the whale's unrealized profit around $2.55 million. #Inflation #CPI #Bitcoin