US core PCE annual rate in December was 3.0% (expected 2.9%), monthly rate 0.4% (expected 0.3%); overall PCE annual rate 2.9% (expected 2.8%).
Q4 GDP initial value 1.4% (expected about 3.0%).
Inflation being higher than expected is a dominant signal, reinforcing the Federal Reserve's expectation of 'higher rates for longer,' negatively impacting the cryptocurrency market.
BTC and other risk assets are under short-term pressure, with the probability of decline increasing.
ETH
2,112.94
+2.72%
BTC
68,377.66
+1.41%