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Home›Crypto›Market Structure›Bitcoin rises as yields fall after cooler core PCE inf…

Bitcoin rises as yields fall after cooler core PCE inflation print

Core PCE increased 0.2% in August and 3.0% year over year, compared with a 0.3% and 3.3% forecast.

Reported · Written up by our desk · Market Structure

CoinDesk reports that bitcoin moved higher as US Treasury yields dipped following a softer inflation release.

The outlet said core PCE prices rose 0.2% in August versus a 0.3% forecast, and were up 3.0% year over year versus 3.3% expected.

Latest closeBitcoin $81,660.31 ▼1.9%

← Newer storyBitcoin holds steady ahead of U.S. inflation data

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Sources

CoinDeskLive updates: Bitcoin gains as yields dip following better than hoped inflation numbers

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