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Cryptocurrency News

Bitcoin price gains 3.5% as US PCE data supports shrinking inflation

08/26/2022

Less than a minute

2022.08.26 23:25

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.

Source

08/26/2022

Less than a minute