#USCorePCEMay 📊 US Core PCE (May) Data Just Dropped! What It Means for Crypto 🔥
#USCorePCEMay
The Core PCE Price Index — the Fed’s favorite inflation gauge — rose 0.1% in May, cooling down from April’s 0.2%.
🧊 Inflation is cooling. What does that mean?
✅ Increased chances of Fed rate cuts
✅ Bullish signal for Bitcoin and altcoins
✅ More liquidity could flow into risk assets like crypto
🔍 Market Reaction:
📈 BTC slightly up after the release
📉 DXY shows weakness
📊 Stock futures also reacting positively
🚀 Could this be the beginning of the next crypto breakout?
Let us know your thoughts 👇
#CryptoNews #Bitcoin #Ethereum #Inflation #Fed #PCE #Macroeconomics #BinanceSquare #CryptoMarket #Altcoins #TradingSignals