📉 #USCorePCEMay – Crypto Market Response
May’s Core PCE came in slightly hotter at 2.7% YoY (vs. 2.6%), and 0.2% MoM, slowing only marginally. This keeps the Fed on hold, delaying near-term rate cuts.
As a result, Bitcoin briefly dipped below $105K—reacting to renewed inflation concerns and dollar strength.
Overall impact was mild, with BTC recovering as traders reassessed Fed pause expectations.
Key takeaways:
– Inflation surprises can trigger short-lived dips in crypto.
– BTC remains resilient above $104K.
– Watch upcoming Fed commentary for rate-cut clarity.
Stay ready—these macro moments can create ideal re-entry or exit points in your BTC strategy.