This is a news story, published by CNBC, that relates primarily to the Federal Reserve's news.
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Bitcoin ConferenceCNBC
•73% Informative
Crypto prices rose on Friday following two down days in which investors rotated out of risk assets.
Bitcoin spiked after the Federal Reserve's preferred inflation gauge showed price increases eased slightly in June from a year ago .
The Nasdaq Composite and the broad-market S&P 500 rallied.
Still, bitcoin is little changed for the week , while ether is on pace to end the week with an 8% loss.
VR Score
81
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85
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55
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English
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57
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