Post
CryptoPulse HQ
🚨 US Core PCE Inflation Rises to 3.1%
🇺🇸 US core PCE inflation climbed to 3.1% in September, up from 3.0% in August, keeping pressure on the Federal Reserve.
The Fed’s 2% inflation target remains out of reach, raising concerns about a possible interest rate hike in December.
📉 What does this mean for crypto?
Higher interest rates could put pressure on $BTC , $ETH , $XRP and altcoins as investors reassess risk.
could inflation trigger another market sell-off? 👀
#USCorePCERisesTo3.1%
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,421.4+0.00%
ETH/USDTEthereum
$2,042.28+0.01%
SOL/USDTSolana
$82.69+0.01%
Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
