The crypto market posted gains on Tuesday following the release of the US Consumer Price Index (CPI) report for June, which showed that inflation cooled below market expectations. According to the US Bureau of Labor Statistics, annual inflation slowed to 3.5% in June from 4.2% in May, marking its first decline in five months and coming in below the consensus forecast of 3.8%. The decline was largely driven by lower energy prices following a temporary ceasefire between the US and Iran, easing pressure on global oil markets. Core CPI, which excludes food and energy prices, also fell to 2.6%, below market expectations ... (full story)