Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to year-on-year expectations.
Bitcoin (BTC) shook off volatility on Thursday as US stocks rebounded on the back of inflation-data relief.
Key points:
Data from TradingView showed BTC price action focusing on $64,500, broadly unchanged from the day prior.