🇺🇸 CORE PCE + GDP DATA TODAY.
U.S. Core PCE inflation and GDP data are coming at 8:30 AM ET, and these numbers could bring a lot of volatility across Bitcoin, stocks, gold and the dollar.
Core PCE is expected at 3.3% YoY, while GDP growth is expected to slow from 2.1% to 1.5%.
If inflation comes in hotter than expected, markets could start pricing a more hawkish Fed.
If inflation comes in softer, risk assets could get some serious relief.
Bitcoin is ready for the volatility.
U.S. Core PCE inflation and GDP data are coming at 8:30 AM ET, and these numbers could bring a lot of volatility across Bitcoin, stocks, gold and the dollar.
Core PCE is expected at 3.3% YoY, while GDP growth is expected to slow from 2.1% to 1.5%.
If inflation comes in hotter than expected, markets could start pricing a more hawkish Fed.
If inflation comes in softer, risk assets could get some serious relief.
Bitcoin is ready for the volatility.
