By ItalianCannon Key Points: His remarks briefly unsettled financial markets, including digital assets, with Bitcoin dipping below $111,000 before recovering. Despite near-term volatility, analysts maintain confidence in a medium-term upward trajectory for crypto. Rising inflation risks and labor market shifts prompted the Fed’s policy adjustment, though future moves remain data-dependent. Upcoming economic reports, such as […]
Tag: PCE
By Marco Piccolo Key highlights: The U.S. Department of Commerce has selected Chainlink and Pyth to publish key economic indicators on public blockchains. This marks the first time macroeconomic data such as GDP and PCE is being distributed onchain, enabling new applications in DeFi and beyond. PYTH token surged nearly 80% on the news, rising […]
By Emir Abyazov Four key U.S. economic indicators this week may force traders to rethink their strategies. Bitcoin is particularly sensitive to such data and could show significant volatility, despite hints of further gains. Investors looking to capitalize on the expected volatility are watching the following U.S. economic data releases closely. Each of these indicators […]