PCE: Inflation Data In Line With Wall Street Estimates, Bitcoin to Hit $70K Before Halving

Crypto traders got clear cues from the latest personal consumption expenditures (PCE) inflation data, allowing Bitcoin (BTC) price to gain above $63,000. The U.S. Bureau of Economic Analysis released the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE. The data is crucial because of the recent hotter-than-expected CPI that pulled Fed rate cuts off the The post PCE: Inflation Data In Line With Wall Street Estimates, Bitcoin to Hit $70K Before Halving appeared first on CoinGape .