ChipsCointelegraphabout 2 hours ago
Bitcoin steady as PCE inflation drops first time in six years
1 min read
Bitcoin held near $64,500 as the June PCE index fell to 3.7% year-on-year, the first monthly decline since 2020. The S&P 500 and Nasdaq rose 1% and 2.3% as semiconductor sell-off eased. Bitwise predicted Bitcoin will become less sensitive to Fed rate changes.
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