Bitcoin steadies as soft PCE cools October Fed rate hike bets

1d ago

TLDR — Core PCE rose just 0.

Signal data─ Neutralconfidence 50%Low materiality

AssetEventyield-shiftEvent timeSep 30, 16:10 UTCAttention0 readers/hrNormalSmart readers0

Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.

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