Bitcoin steadies as soft PCE cools October Fed rate hike bets
Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.
Key Takeaways
- Core PCE rose just 0.2% in August, easing pressure for an October Fed hike.
- Bitcoin trades near $83,700 as rising Treasury yields cap gains.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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