📊 #USCorePCEMay — an important macro driver for crypto
Today, markets are closely watching the publication of Core PCE (Personal Consumption Expenditures) in the US for May — this is the Federal Reserve's favorite inflation indicator.
🔎 What is it?
Core PCE (Personal Consumption Expenditures) — shows the change in prices for consumer goods excluding food and energy.
🔹 This is a key indicator for Federal Reserve rate decisions.
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💥 Why is this important for BTC?
Low PCE → less inflation pressure → the Federal Reserve will not raise rates → a bullish signal for markets and BTC.
High PCE → markets start to fear Federal Reserve aggression → correction in risk-on assets (including crypto).
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🧠 Current sentiment:
If PCE is lower than expected → BTC may test $108–109K.
If higher → short-term volatility and retracement.
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📆 Release date: June 28
⏰ Time: 12:30 UTC (15:30 Kyiv time)
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🎯 Traders — be alert.
High volatility is expected, do not trade without stops.
#BTC #macro #CryptoNews #BinanceUkraine
