Bitcoin Hovers Around $28K as PCE Rose 0.3% in February

Mar 31, 2023

Bitcoin is trading around $28,000 as the PCE price index, the Federal Reserve's preferred inflation gauge, increased 0.3% in February. Bannockburn Global Forex Chief Market Strategist Marc Chandler weighs in on the state of inflation in the U.S. and how current macroeconomic conditions could impact the crypto market.

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