Bitcoin trades flat as US core PCE inflation remains steady as expected

Bitcoin remained largely unmoved despite equity markets posting gains after Friday's U.S inflation print.

Bitcoin remained largely unmoved despite equity markets posting gains after another U.S inflation print was in line with expectations.

On Friday the U.S. Bureau of Economic Analysis reported that inflation in the country, as measured by the change in the Personal Consumption Expenditures Price Index, held steady at 2.7% on a yearly basis in April.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crucial Negative Ethereum ETF Statement Made by Samson Mow, Here’s His MessageBitcoin maximalist Samson Mow says Bitcoin has no use for Ethereum ETFs
Read more »

Price analysis 5/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXBitcoin’s range-bound action has not stopped investors from snapping up Bitcoin ETFs.
Read more »

Crucial USD-Bitcoin Statement Issued by Gabor GurbacsBitcoin maximalist Gurbacs issued major Bitcoin call to countries with weak fiat currencies
Read more »

Cryptocurrencies Price Prediction: Bitcoin, Ondo & ShibaBitcoin/ U.S. dollar (BTC/USD) trading strategy: Overall, Bitcoin is still in an uptrend.
Read more »

'Bitcoin Prize' Tweet Issued by Michael Saylor, Here's His Price HintProminent Bitcoin proponent Saylor has hinted at next Bitcoin price high to be reached soon
Read more »

Smart Bitcoin Statement Issued by Michael Saylor as BTC Dumps 4.15%Prominent Bitcoin advocate Saylor has made smart Bitcoin statement, addressing his X community
Read more »