Cryptocurrency News
Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
2022.08.26 23:25
Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve.
Data from Cointelegraph Markets Pro and TradingView tracked a 3.55% rise for BTC/USD on the day, allowing the pair to match highs from earlier in the week.