Odaily Planet Daily News: Analysis suggests that after Bitcoin's price surged from $108,000 to $122,000, it fell below $117,000 because investors seem to be taking profits ahead of the release of the U.S. CPI data in June. Analysts from Bitfinex and Nansen warned that higher-than-expected inflation could delay potential interest rate cuts and prolong the cryptocurrency pullback. Additionally, the market currently seems to be preparing for the CPI data in June, which may affect the expectations for interest rate cuts this year. (The Block)