BREAKING! Leading Inflation Data Followed by FED Has Been Announced! What Was the First Reaction of Bitcoin and the Dollar?
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While Bitcoin has been experiencing consecutive declines recently, these declines are considered to be effective due to BTC sales from the German and US governments and miners.
While BTC is currently above $61,000, data on Personal Consumption Expenditures (PCE), which is closely followed by the FED when making interest rate decisions and is considered a leading inflation indicator, was announced.
Core Personal Consumption Expenditures Price Index (Annual) Announced 2.6% – Expected 2.6% – Previous 2.8%
Core Personal Consumption Expenditures Price List (Monthly) Announced 0.1% – Expected 0.1% – Previous 0.2%
