According to CoinMeta, inflation in the United States slightly dropped to 3.4% in July 2026. Although the Consumer Price Index (CPI) has declined, prices are still higher than they were before the US-Iran conflict. Core inflation (excluding the more volatile food and energy prices) rose by 0.2%. Asian stock markets showed some signs of recovery on August 14, and the US stock market also exhibited a similar pattern in pre-market trading. Investors may feel relieved by the decline in inflation data, especially as there has been an increase in the price movement of tech stocks. In contrast, there have been no significant changes in the crypto market; Bitcoin (BTC) is still trading at the $63,000 level, and most other crypto assets are following BTC's sideways trend. Since investors' risk appetite remains low, this could lead to the Federal Reserve keeping interest rates unchanged despite inflation still being above its 2% target.