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Crypto Market Today, Aug. 12: Bitcoin Slips Despite Cooling Inflation

Crypto Market Today, Aug. 12: Bitcoin Slips Despite Cooling Inflation

As of early evening on Aug. 12, Bitcoin (BTC -0.40%) fell 0.3% to $63,503.38, Ethereum (ETH -0.17%) gained 0.2% to $1,884.51, and Solana (SOL -1.08%) fell 0.4% to $75.80. The total crypto market cap dropped by 0.2% to $2.26 trillion.

Bitcoin Stock Quote

Today’s Change

(-0.40%) $-254.39

Current Price

$63,447.00

What’s driving crypto markets

Bitcoin rose above $64,000 in early trading today after U.S. Consumer Price Index data showed inflation slowing to 3.4% as expected, making a Federal Reserve…

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