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Bitcoin Falls On U.S. PCE Market Expectations

2025-08-01(금) 04:08

The cryptocurrency market fell on Aug. 1 as personal consumption expenditure(PCE) in the U.S. exceeded market expectations. The U.S. Department of Commerce reported on Thursday that PCE in the U.S. rose 2.6 percent year-on-year in June. Excluding energy and food products, the core PCE price index rose 2.8 percent year-on-year and 0.3 percent month-on-month. Both PCE and core PCE beat expert estimates compiled by Dow Jones by 0.1%. Bitcoin(BTC) fell to $115,000 after PCE, a major economic indicator referenced by the U