Decrypt·BTC
Bitcoin Jumps on Cool PCE Inflation Data as Bond Yields Hit 20-Year Highs
The Fed's favorite inflation gauge came in cooler than expected, rate-hike odds fell and Bitcoin traders took the hint.
Also covered by 6 outlets
- Crypto Briefing ↗Bitcoin rallies as August PCE inflation cools to 3.4%
- Bitcoin.com News ↗Bitcoin Price Surges Past $85K as Bulls Muscle Back Into the Fight
- BeInCrypto ↗Bitcoin and Gold Prices Jump in Minutes as US Inflation Cools to 3.4%
- U.Today ↗Bitcoin Surges Above $85,000: Key Reason Why
- CryptoPotato ↗Bitcoin Price Tops $85K as US Core PCE Rises 0.2% MoM, Cooler Than Expected
- The Block ↗Bitcoin steadies as soft PCE cools October Fed rate hike bets
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