#nfpwatch $BTC spiked to $85,500 on Wednesday after a softer-than-expected U.S. inflation report, then gave most of it back. It was trading around $83,700 to $84,100 afterwards. Today, all eyes are on the Nonfarm Payrolls (NFP) report.
What happened
August PCE inflation cooled more than expected: about 3.4% year over year, and about 3.0% excluding That lowered the odds of another Fed rate hike in October and pushed the debate toward December. Crypto read it as a relief signal and $BTC jumped.
#SOLFI $BNB
What happened
August PCE inflation cooled more than expected: about 3.4% year over year, and about 3.0% excluding That lowered the odds of another Fed rate hike in October and pushed the debate toward December. Crypto read it as a relief signal and $BTC jumped.
#SOLFI $BNB
