Bitcoin sits near $82,735 ahead of the August core PCE release, with Fed rate expectations and leverage shaping the next market move for traders.
The post Bitcoin Price Tests $83,000 Ahead of Key PCE Inflation Release appeared first on Cryptonews.
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Bitcoin was priced at $84,331 on Binance at 8:33 a.m. ET Wednesday, up 0.68% from one hour earlier.
August core PCE inflation eased from the previous month and came in below the 3.3% market forecast, offering a fresh signal for U.S. rate expectations.
ZEC was up 0.32% from 24 hours earlier, while short liquidations reached $1.05 million across three exchanges.
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