#PCEMarketWatch
Markets are closely watching the latest U.S. PCE inflation data, the key inflation gauge used by the Federal Reserve to guide interest rate decisions.
📈 Core PCE recently came in around ~3.1%, showing inflation is still persistent.
💰 Bitcoin is holding near ~$72K as traders evaluate how inflation data could influence future rate cuts.
Why it matters 👇
• Lower inflation → Higher chances of rate cuts → Bullish for crypto
• Higher inflation → Rates stay higher → Potential volatility
⚡ Macro data like PCE often drives liquidity and sentiment in the crypto market..
BTC
68,851.42
+2.27%
ETH
2,138.52
+4.17%