🚨 BTC | ETH | PAXG — THE PCE MOVE IS GETTING INTERESTING 👀
📊 U.S. core PCE came in at 3.0% YoY vs 3.3% expected, while July was revised down to 3.0%. The softer inflation print helped Bitcoin push above $85K and gold break above $4,200.
₿ $BTC
Bitcoin briefly climbed above $85,000, with the softer inflation data easing some rate-hike pressure. But the $85K zone remains an important area to watch.
♦️ $ETH
Ethereum also remains sensitive to the broader risk-asset environment. If liquidity expectations improve, ETH could remain closely linked to BTC’s next move.
🥇 $PAXG
With gold trading above $4,200, tokenized gold is back in focus as the precious-metals market reacts to softer U.S. inflation.
🔥 The bigger signal:
Lower-than-expected inflation → softer rate expectations → attention shifts back toward risk assets and scarce assets.
BTC + ETH + PAXG 👀
The next move may depend on whether the market can hold these breakout zones.
Not a buy call.
📊 U.S. core PCE came in at 3.0% YoY vs 3.3% expected, while July was revised down to 3.0%. The softer inflation print helped Bitcoin push above $85K and gold break above $4,200.
₿ $BTC
Bitcoin briefly climbed above $85,000, with the softer inflation data easing some rate-hike pressure. But the $85K zone remains an important area to watch.
♦️ $ETH
Ethereum also remains sensitive to the broader risk-asset environment. If liquidity expectations improve, ETH could remain closely linked to BTC’s next move.
🥇 $PAXG
With gold trading above $4,200, tokenized gold is back in focus as the precious-metals market reacts to softer U.S. inflation.
🔥 The bigger signal:
Lower-than-expected inflation → softer rate expectations → attention shifts back toward risk assets and scarce assets.
BTC + ETH + PAXG 👀
The next move may depend on whether the market can hold these breakout zones.
Not a buy call.
