U.S. PCE Inflation Cools to 3.7%, Bitcoin Rebounds

The U.S. PCE inflation, the Fed’s favorite inflation gauge, cooled in June, representing a huge positive for the markets. The Bitcoin price has rebounded amid this development, with the leading crypto rallying to the psychological $65,000 level. Ad Ad PCE Inflation Cools To 3.7%, In Line With Expectations The latest BEA data shows that the