India, Aug. 12 -- Cryptocurrency market capitalization declined mildly in the past 24 hours as markets reacted to the consumer price inflation readings for July from the U.S. that matched market expectations. Positive inflows to U.S.-listed Bitcoin Spot ETF products limited losses. Overall crypto market capitalization has decreased more than a quarter percent in the past 24 hours while Bitcoin has slipped 0.6 percent during the same period. The leading cryptocurrency is currently trading near $63,693.
Data released by the U.S. Bureau of Labor Statistics on Wednesday morning showed headline annual inflation edging down to 3.4 percent from 3.5 percent in June. The core component thereof also edged down to 2.5 percent from 2.6 percent in the ...