Bitcoin and ether prices rose by 4.5% and 4% respectively, following a two-day decline. The Nasdaq Composite and S&P 500 indices also rallied. Coinbase and MicroStrategy stocks jumped 7% and 10% respectively. The Federal Reserve's preferred inflation gauge, the personal consumption expenditures price index, showed price increases eased slightly in June.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=19854910