PCE Data

The PCE price index measures inflation in the US, influencing monetary policy decisions. A higher-than-expected PCE reading can strengthen the US dollar, potentially negatively impacting crypto prices.

Market Impact

A recent PCE reading of 0.3% matched expectations, providing some relief to investors. However, the crypto market remains volatile, with traders closely watching economic indicators for potential market-moving insights.

Crypto Market Watch

- Bitcoin (BTC) and Ethereum (ETH) prices are sensitive to macroeconomic trends, including PCE data.

- Crypto market volatility may increase if PCE data deviates significantly from expectations.

Key Levels to Watch

- Bitcoin: $65,000-$70,000 range remains crucial for bullish momentum.

- Ethereum: $3,500-$4,000 range is key for potential upside.

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