Breaking: U.S. PCE Inflation Rises To 2.8%, Bitcoin Falls

The September U.S. PCE inflation data came in line with expectations, further strengthening the case for a rate cut at next week’s FOMC meeting. The Bitcoin price rose on the release of the inflation report, breaking above the psychological $90,000 level, but has since fallen to new intraday lows following the brief rally. PCE Inflation

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