US PCE inflation slows to 3.4%, Bitcoin rebounds to $84,800
- —PCE: +0.3% MoM and +3.4% YoY vs 3.7% expected
- —Core PCE slowed to 3.0% YoY, monthly gain 0.2%
- —Consumer spending +0.9%, real spending +0.6% — highest since March 2025
- —10-year Treasury yield still above 5.2%
Why it matters: Slower inflation lowers the odds of an October Fed hike, supporting Bitcoin, though elevated Treasury yields continue to cap upside.
Source: Journal du Coin