Sentiment: Negative
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Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over
By Gino Matos at 2026-05-29 09:17
Sentiment: Negative
The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled. Yet, renewed demand still has to arrive […] The post Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro #Market
Source CryptoSlate