New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet

Headline PCE inflation rose 3.8% in April from a year earlier, its hottest pace in two years and nearly double the Federal Reserve's 2% goal, while core PCE held at 3.3%, its highest reading since October 2023. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected. Bitcoin saw […] The post New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet appeared first on CryptoSlate.