Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected
Quick Take February 24 saw an influx of macro data, which includes the PCE index, personal income, and consumer spending. The post Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected appeared first on CryptoSlate.
Quick Take
- Feb. 24 saw an influx of macro data, which includes the PCE index, personal income, and consumer spending.
- PCE data came in hotter than expected.
Headline y/y 5.4% vs. 5%
Core y/y 4.7% vs. 4.3%
Headline m/m 0.6% vs. 0.5%
Core m/m 0.6% vs. 0.4%
Consumer spending 1.8% vs. 1.4%
Personal income 0.6% vs. 1%
- Bitcoin went down to $23.7K on initial news — while the DXY broke 105
The post Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected appeared first on CryptoSlate.
