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Bitcoin Dips Below $85K as Hot PCE Data Sparks Inflation Fears

The “core” personal consumption expenditures (PCE) price index makes it easier to capture underlying inflation trends by excluding food and energy, which tend to experience higher price volatility than other consumption...

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Bitcoin Dips Below $85K as Hot PCE Data Sparks Inflation Fears
The “core” personal consumption expenditures (PCE) price index makes it easier to capture underlying inflation trends by excluding food and energy, which tend to experience higher price volatility than other consumption categories. PCE Shock: Bitcoin Falls Under $85K as Inflation Worries Return Both traditional and crypto markets took a dive this morning as the U.S. […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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