The U.S. PCE inflation data have come in line with expectations, signaling that U.S. inflation remains elevated. Bitcoin reacted to the inflation data release, with the flagship crypto down on the day. U.S. PCE Inflation Matches Estimates, Bitcoin Weakens Bureau of Economic Analysis data shows that the November PCE came in at 2.8% year-over-year (YoY),
The post Breaking: U.S. PCE Inflation Comes In At 2.8% YoY, Bitcoin Reacts appeared first on CoinGape.
