๐ Slight dip in Bitcoin after U.S. inflation data
Bitcoin has returned to trading below the $86,000 level, retreating from the gains it made following the release of the U.S. Personal Consumption Expenditures (PCE) inflation data. Analysts said changes in the index calculation methodology affected the inflation reading, which came in lower than expectedโtriggering uncertainty in the market.
โโโโโโโโโโโโโโ
๐ Impact: ๐ High
๐ท๏ธ BITCOIN
#Bitcoin #PCE #Inflation #MarketAnalysis #CryptoNews
๐ฐ Source: cointelegraph.com
Bitcoin has returned to trading below the $86,000 level, retreating from the gains it made following the release of the U.S. Personal Consumption Expenditures (PCE) inflation data. Analysts said changes in the index calculation methodology affected the inflation reading, which came in lower than expectedโtriggering uncertainty in the market.
โโโโโโโโโโโโโโ
๐ Impact: ๐ High
๐ท๏ธ BITCOIN
#Bitcoin #PCE #Inflation #MarketAnalysis #CryptoNews
๐ฐ Source: cointelegraph.com