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CoinGape 2022-02-23 11:20:53

U.S. Inflation Data Presents Another Test For Bitcoin This Week

With crypto markets already under pressure from Russia-Ukraine tensions, upcoming inflation data from the United States this week is set to add another layer of uncertainty. The Personal Consumption Expenditures Index (PCE) for January is due this Friday. What makes the data so important, and potentially market-moving, is that it is the preferred inflation gauge The post U.S. Inflation Data Presents Another Test For Bitcoin This Week appeared first on CoinGape.

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