Bitcoin Grills $74,000 Again After US PCE Inflation Data

Bitcoin Grills $74,000 Again After US PCE Inflation Data

Bitcoin sees another attempt to crack $74,000, but BTC price forecasts still see the end of the "bearish retest" of resistance.

Breaking: U.S. PCE Inflation Cools to 2.8%, Lower Than Expected

The U.S. PCE inflation data, the Fed’s favorite inflation gauge, has come in lower than expectations. This data release comes just ahead of next week’s FOMC meeting, where the Fed is likely to hold rates steady. Meanwhile, Bitcoin extended its gains today on the back of this inflation data. PCE Inflation Falls To 2.8% In The post Breaking: U.S. PCE Inflation Cools to 2.8%, Lower Than Expected appeared first on CoinGape.