CPI Matches Forecasts as Bitcoin Holds $64K, CoreWeave Surges on AI Demand, Harmony Exploit Rattles Alts

Markets digest July CPI data showing inflation at 3.4% year-over-year, exactly matching economist expectations as Bitcoin holds near sixty-four thousand dollars. CoreWeave shares surge sixteen percent after doubling revenue and raising full-year guidance to twelve point four to thirteen point two billion, with AI infrastructure demand crushing crypto mining operations. Harmony faces consensus crisis after suspected exploit mints four billion ONE tokens, triggering rollback debate and forty-percent price collapse. Bank of England advances Digital Pound Lab to Phase 2 testing stablecoin interoperability with cross-border trade finance. Fidelity files to add staking to its nine-hundred-million-dollar Ethereum ETF with eighty-five percent rewards to holders. Goldman Sachs acquires options ETF provider NEOS for up to two point two five billion. Russia restricts retail crypto trading to Bitcoin, Ethereum, and USDT starting September first. Public miners dump one point seven eight billion in Bitcoin year-to-date as production costs hit seventy-four thousand three hundred per coin against sixty-four thousand spot price.