Will the cryptocurrency market fluctuate significantly tonight? The PCE inflation data is highly anticipated. The market expects PCE to rise to 2.3%, and core PCE to rise to 2.8%, but this is considered 'in line with expectations,' which has a limited impact on cryptocurrency prices; only exceeding expectations would be bearish, while falling short would be bullish.
Typically, tariffs drive up inflation, but CPI and PCE data often fall below expectations. Powell has also criticized the quality of government data, so this data may meet or fall below expectations. The key factors that will truly affect the market are the delay of tariff expiration on July 8 and Trump's announcement of the tariff rates. At that time, the U.S. stock market may correct after the bullish realization, and the cryptocurrency market is likely to follow suit, awaiting further developments. #美国5月核心PCE物价指数 $BTC $ETH