Post
GODSON001
Seeing the core PCE for September rise to 3.1% is indeed a bit surprising. 🙄️
It's a bit higher than last month. Everyone originally thought inflation would gradually ease and that the good days of rate cuts were not far off, but this has directly proven otherwise. 🤪
The market focus has shifted from whether there will be a rate cut to whether there will be a rate hike in December.
$BTC has been fluctuating around 80,000 today. After the data release, it briefly surged to around 81,500.
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
$73,645.1+0.01%
ETH/USDTEthereum
$2,055.92+0.02%
SOL/USDTSolana
$83.94+0.02%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030
3#NebiusAI cloud business rapid growth faces earnings report test
