Crypto Market Braces for PCE, GDP and Fed Signals

The crypto market faces a potentially volatile week as investors prepare for several key U.S. economic reports that could influence Federal Reserve policy expectations. Bitcoin and other risk assets may react sharply as traders assess fresh inflation, economic growth and labor market data. One of the most closely watched releases will be Julys Personal Consumption Expenditures (PCE) price index, the Federal Reserves preferred inflation gauge. Headline PCE inflation is expected to rise 0.1% month over month after declining 0.1% in June. On an annual basis, inflation is forecast to ease to 3.6%…  Read more

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