Today calendar— Wed, Sep 30
• 5:30pm: Core PCE Price Index m/m (forecast 0.3%, prev 0.2%)
• 5:30pm: Final GDP q/q (forecast 1.5%, prev 1.5%)
Core PCE is the Fed's favorite inflation gauge. If it comes in hotter than 0.3%, expect rate cut bets to get pushed back — usually bearish for $BTC and $ETH short-term as risk appetite cools. A cooler print (below 0.3%) could fuel a relief rally, supporting further upside in crypto.
GDP is less market-moving unless it surprises sharply either way.
Watching this release closely today? 👀
#PCE #Macro #CryptoMarket #GDP
• 5:30pm: Core PCE Price Index m/m (forecast 0.3%, prev 0.2%)
• 5:30pm: Final GDP q/q (forecast 1.5%, prev 1.5%)
Core PCE is the Fed's favorite inflation gauge. If it comes in hotter than 0.3%, expect rate cut bets to get pushed back — usually bearish for $BTC and $ETH short-term as risk appetite cools. A cooler print (below 0.3%) could fuel a relief rally, supporting further upside in crypto.
GDP is less market-moving unless it surprises sharply either way.
Watching this release closely today? 👀
#PCE #Macro #CryptoMarket #GDP
