Inflation Soars: Fed’s Move Could Impact Crypto Market
• The Personal Consumption Expenditure Price Index (PCE) increased by 0.6% in January, up 4.7% from a year ago, signaling the potential for further rate hikes by the Fed which could impact the crypto market. • U.S. equities markets and crypto markets took a hit after the PCE data release, while Bitcoin dropped below $24K […]