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Home›Crypto›Market Structure›Bitcoin slips after Core PCE comes in below forecast

Bitcoin slips after Core PCE comes in below forecast

Reported · Written up by our desk · Market Structure

CoinDesk reports that Bitcoin gave up early gains and returned to around $84,000 after new inflation data.

The data showed core personal consumption expenditures (Core PCE) rose 0.2% in August versus a 0.3% forecast.

Core PCE was also 3.0% higher year over year, compared with a 3.3% estimate.

Latest closeBitcoin $81,660.31 ▼1.9%

← Newer storyBitcoin rises as yields fall after cooler core PCE inflation print

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Sources

CoinDeskLive updates: Bitcoin returns to $84,000, giving up early gains

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