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Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets

Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets

Bitcoin ( BTC) made snap gains at the May 26 Wall Street open as United States macroeconomic data delivered a nasty surprise. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $27,000 on Bitstamp. The pair rose unexpectedly after the day’s Personal Consumption Expenditures (PCE) data showed its first rises since October 2022.








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