#PCEInflationWatch $BTC $BTC
– Market Reacts to Latest Inflation Data
The latest U.S. Core PCE Price Index came in at 2.5% for Q4, slightly higher than the previous 2.2%. This data reinforces the ongoing inflation concerns and could impact the Federal Reserve's interest rate decisions. Traditionally, rising inflation slows down rate-cut expectations, affecting markets across the board.
For crypto investors, this means potential volatility in Bitcoin and altcoins, as macroeconomic factors play a significant role in shaping sentiment. With the next FOMC meeting approaching, traders are watching closely for any signals from policymakers.
Will the Fed stay hawkish, or is a pivot on the horizon? Share your thoughts! #crypto #Bitcoin