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Bitcoin & Crypto SINGLE SOURCE

Bitcoin steadies as soft PCE cools October Fed rate hike bets

A close-up of Bitcoin trading graph showcasing market trends and data analysis.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.

Sources & evidence