In brief

  • US PCE inflation slowed to 3.4% in August, below expectations of 3.7%

  • Bitcoin surged past 85,000 USD in just one hour, while gold prices rose by about 20 USD

  • The market assesses the odds of a Fed rate hike in October at 72.5%

Read the original story: Bitcoin and gold prices surge within a few minutes after US inflation slows to 3.4%, by Lockridge Okoth at th.beincrypto.com

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