#USCorePCEMay
๐ #USCorePCEMay: What It Means for Crypto Traders
The latest U.S. Core PCE data โ the Fedโs preferred inflation gauge โ just dropped, showing signs of cooling inflation. For crypto markets, thatโs a potential bullish signal.
Lower inflation may ease pressure on interest rates, increasing liquidity and risk appetite. Thatโs great news for Bitcoin and major altcoins.
๐ BTC/USDT is already reacting with a push toward key resistance. If macro sentiment holds, we could see continuation toward $110K.
Traders should monitor the DXY, bond yields, and Fed commentary closely.
Smart money is watching โ are you positioned?
๐ Economic signals like PCE matter. In crypto, macro is momentum.
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