#PCEMarketWatch

U.S. PCE (Personal Consumption Expenditures) data for April showed inflation holding steady, with core PCE rising 0.2% month-over-month and 2.8% year-over-year—aligning with market expectations. The numbers suggest the Fed may stay cautious on rate cuts, waiting for further signs of sustained inflation cooling. Markets reacted positively, with crypto showing resilience amid growing investor confidence in a stable macro environment. Bitcoin hovered near $68K, while Ethereum reclaimed $3.8K. As traders eye the Fed’s next move, today’s data reinforces a “wait-and-see” stance. Follow Binance for real-time market insights.