Live updates: Bitcoin below $84,000 ahead of PCE inflation data, Micron earnings
Bitcoin prices dipped slightly as investors await U.S. PCE inflation data and Micron Technology's earnings report. Market sentiment remains cautious as traders assess the impact of potential interest rate hikes on broader financial markets.
Why it matters
Macroeconomic indicators and tech earnings are currently driving volatility in both traditional and cryptocurrency markets.
Diesen Beitrag teilen Link kopieren X icon X (Twitter) LinkedIn Facebook E-Mail Bitcoin stalls with PCE due and the buyers behind its rally thinning out Bitcoin slipped 0.3% to about $83,700 early Wednesday, U.S. time. Traders are waiting on the personal consumption expenditures (PCE) price index, the Federal Reserve's favored inflation gauge, which is expected to show inflation quickened in August.
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