The cryptocurrency market is about to fluctuate!
The inflation data that Wall Street values most is coming again.
The US stock market has already fallen in panic before the market. The last time CPI was higher than expected, BTC plummeted 4%.
This time the PCE will be released at 8:30 tomorrow night. It is positive if it is lower than expected, and negative if it is higher than expected. Because inflation has not come down for a long time, the Federal Reserve will not release water, and all kinds of assets will lose blood. Therefore, the inflation data on Friday is very bad, and it has already fallen in panic.
What will happen tonight?