🚨 Evening Recap: Cooling PCE vs U.S. Treasury Bombshell—Who Wins?
📉 U.S. PCE YoY came in at 3.4%, below expectations of 3.7%, the lowest in 6 months—rate-cut bets heat up. BTC rebounds to 84,298 (+1.07%), ETH up +1.59%.
💥 But on the other side: the 10-year Treasury yield surged 87 bps in Q3 to 5.29%, the worst quarterly performance since 1994—risk warnings still haven’t been cleared.
🔥 Altcoins go even crazier: $NEAR +11.15% (Bitwise NEAR ETF launched, trading volume $239 million), and $MOVR skyrockets 88.8% in a single day.
Tonight, pick a side: A. Push for 85,000 B. Pull back to 82,000
Not investment advice
#BTC #PCE #NEAR #cryptocurrency
📉 U.S. PCE YoY came in at 3.4%, below expectations of 3.7%, the lowest in 6 months—rate-cut bets heat up. BTC rebounds to 84,298 (+1.07%), ETH up +1.59%.
💥 But on the other side: the 10-year Treasury yield surged 87 bps in Q3 to 5.29%, the worst quarterly performance since 1994—risk warnings still haven’t been cleared.
🔥 Altcoins go even crazier: $NEAR +11.15% (Bitwise NEAR ETF launched, trading volume $239 million), and $MOVR skyrockets 88.8% in a single day.
Tonight, pick a side: A. Push for 85,000 B. Pull back to 82,000
Not investment advice
#BTC #PCE #NEAR #cryptocurrency