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_Selene_
๐จ US CORE PCE HITS 3.1% โ CAN BTC CATCH A BREAK? ๐
US September Core PCE rose to 3.1% YoY, while headline PCE climbed to 3.6%. Both reportedly met expectations, but inflation is still moving higher.
๐ฅ The macro pressure:
โข December rate-hike odds are reportedly above 80%
โข A hawkish Fed could keep yields and the dollar elevated
โข Risk assets like $BTC may face continued pressure
๐ BTC watch:
Is BTC heading for another leg down, or can $80K hold? ๐
#OKX #DailyOrbit #Bitcoin #BTC #Macro
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