Bitcoin just broke through $123,000, setting a new all-time high. Follow live updates as BTC enters price discovery, short sellers get crushed, and altcoins begin to stir. Get real-time analysis, expert commentary,

According to FactSet, economists expect that the consumer price index (CPI) rose 0.25% on a monthly basis in June, equating to 2.6% annualized growth. The core CPI, which excludes the volatile food and energy, is forecast to have risen 0.3% monthly and 3% on an annualized basis.