MARKET UPDATE
Bitcoin and XRP reversed early Wednesday gains as cooler inflation data met rising oil prices.
Core PCE inflation rose 0.2% in August versus the 0.3% forecast, while Brent crude gained 3%.
Stronger economic growth and consumer spending also complicated the interest rate outlook.
Bitcoin settled near $84K while XRP traded around $1.50 after giving back its initial move.
$BZ $XRP $BTC
Bitcoin and XRP reversed early Wednesday gains as cooler inflation data met rising oil prices.
Core PCE inflation rose 0.2% in August versus the 0.3% forecast, while Brent crude gained 3%.
Stronger economic growth and consumer spending also complicated the interest rate outlook.
Bitcoin settled near $84K while XRP traded around $1.50 after giving back its initial move.
$BZ $XRP $BTC