Bitcoin Holds Near $80K After PCE; Ethereum Pressured Toward $2,000
- —September PCE rose 0.5% m/m and 3.6% y/y; core PCE up 0.3% and 3.1%
- —Fed kept rates at 3.75%–4.00%, with two members favoring a 25 bp hike
- —24-hour liquidations totaled $342.38 million, 65% longs
- —Ethereum at $2,322; ETH ETFs saw about $170 million in weekly outflows
Why it matters: Inflation above the Fed's 2% target and weak US demand keep BTC at risk of a drop to $76K and ETH to $2K.
Source: TronWeekly