Odaily Planet Daily News: The Japanese crypto exchange bitBank said that the crypto market is watching Friday's U.S. PCE inflation data to predict the direction of Bitcoin. Stronger-than-expected consumer confidence and weak U.S. Treasury sales are putting pressure on Bitcoin prices. "Prices in the crypto market may not show a clear trend before Friday's U.S. Personal Consumption Expenditures (PCE) announcement, which will be the key to Bitcoin's success or failure," bitBank said in an email. If inflation data is higher than expected, Bitcoin may give up about half of its gains in the past two weeks and fall to about $65,000." (Coindesk)