#bitcoin Stalls Below $86K as #PCE Data Clouds the #Inflation Outlook.
Bitcoin slipped back after briefly rallying on softer-than-expected PCE inflation, leaving $BTC stuck above $83K. The 3.4% YoY PCE reading looked bullish at first, but methodology changes made the inflation signal harder to interpret.
Meanwhile, BTC is still 35% above its August low, while Bitcoin-denominated open interest has dropped nearly 20%, pointing to growing trader caution.
#KoreaProposesTokenizingStocksAndBonds
Bitcoin slipped back after briefly rallying on softer-than-expected PCE inflation, leaving $BTC stuck above $83K. The 3.4% YoY PCE reading looked bullish at first, but methodology changes made the inflation signal harder to interpret.
Meanwhile, BTC is still 35% above its August low, while Bitcoin-denominated open interest has dropped nearly 20%, pointing to growing trader caution.
#KoreaProposesTokenizingStocksAndBonds
