CryptoBearishCrypto Briefing · 4h ago7/10
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Bitcoin falls to yearly low after Fed’s favored inflation gauge hits three-year high
Bitcoin has declined to its yearly low as the Federal Reserve's preferred inflation measure, the PCE price index, reached a three-year high, signaling persistent inflationary pressures. This convergence of rising inflation and crypto weakness suggests markets are bracing for prolonged monetary tightening, which typically pressures risk assets like Bitcoin.
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