TL;DR Bitcoin fell below the $59,000 threshold as macro pressure returned to crypto markets. The BEA reported May PCE inflation at 4.1% …
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Tag:
PCE
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Markets
PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
by shayaanby shayaanYour look at what’s coming in the week starting May 25. www.coindesk.com
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Finance
The Fed’s PCE Data Used to Measure Inflation Has Been Released! What Was Bitcoin’s (BTC) Initial Reaction?
by shayaanby shayaanSelling pressure stemming from geopolitical risks continues to affect global markets. While escalating tensions between the US and Iran continue to negatively …
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Finance
The PCE Data Used by the FED to Measure Inflation Has Been Announced! Here is Bitcoin’s (BTC) First Reaction!
by shayaanby shayaanBitcoin (BTC) rose above $106,000 following the FED interest rate decision announced on Wednesday and the statements of FED Chairman Jerome Powell. …
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Markets
Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data
by shayaanby shayaanBy Omkar Godbole (All times ET unless indicated otherwise) The crypto market is treading water and the biggest cryptocurrency, bitcoin, is taking …
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The US dollar index (DXY) wavered ahead of the important Federal Reserve minutes, consumer confidence, GDP, and personal consumption expenditure (PCE) data. …