📊 US Core PCE – May Update: Cooling Inflation, Crypto Ignites!

The Core PCE Price Index, the Fed’s go-to inflation gauge, came in cooler than expected for May—signaling relief for both Wall Street and the crypto market.

🔻 Core PCE YoY: 2.6% (vs. 2.8% prior)

🔻 MoM: -0.1%

📈 Market Reaction: Bitcoin and NASDAQ pushing higher on renewed rate-cut optimism!

This softer inflation print strengthens the case for potential Fed easing later this year, providing fresh momentum to risk-on assets like #Bitcoin, #Ethereum, and high-beta altcoins.

💹 Current Prices:

• $BTC – 107,305.2 (+0.37%)

• $ETH – 2,421.39 (-1.24%)

• $USDC – 0.9995 (-0.01%)

With crypto already showing signs of strength, could this be the bullish pivot the market’s been waiting for?

👇 Drop your thoughts!

#CorePCE #CryptoNews #CryptoNews BTC #ETH #altcoins #Inflation