Fed Beige Book shows flat to slower price growth as Bitcoin trades near 65000
The Fed's Beige Book reported that price growth was flat or slowed across all regions, easing July rate hike expectations. CME FedWatch put the chance of a September rate hike at 48 percent, while the 2 year U.S. Treasury yield fell 7 basis points to 4.12 percent and Bitcoin traded around 65000.