📉 $BITCOIN & $XRP Give Back Early Gains
Bitcoin and XRP reversed Wednesday’s early gains as a cooler-than-expected inflation reading was offset by rising oil prices.
📊 Core PCE inflation: +0.2% in August vs. 0.3% expected
🛢️ Brent crude: +3%
📈 Stronger-than-expected economic growth and consumer spending added further uncertainty around the interest-rate outlook.
₿ Bitcoin: ~$84,000
💧 XRP: ~$1.50
The initial rally faded as markets weighed mixed economic signals.
Bitcoin and XRP reversed Wednesday’s early gains as a cooler-than-expected inflation reading was offset by rising oil prices.
📊 Core PCE inflation: +0.2% in August vs. 0.3% expected
🛢️ Brent crude: +3%
📈 Stronger-than-expected economic growth and consumer spending added further uncertainty around the interest-rate outlook.
₿ Bitcoin: ~$84,000
💧 XRP: ~$1.50
The initial rally faded as markets weighed mixed economic signals.