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Breaking: US Inflation Data Comes In Line With Expectations at 2.3%, Bitcoin Climbs To $95K

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By on November 27, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Breaking: US Inflation Data Comes In Line With Expectations at 2.3%, Bitcoin Climbs To $95K appeared first on Coinpedia Fintech News

The US PCE inflation data has come out in line with expectations. Inflation rose by 2.3% year over year (YoY). Meanwhile, US inflation increased by 0.2%, similar to the September data. The Core PCE data, which excludes food and energy, showed that inflation increased by 2.8% YoY, which is in line with estimates and up from the 2.7% recorded in September. Core PCE rose 0.3% Month on Month. The annualized quarterly rate of real GDP in the Q3 was revised to 2.8%, in line with expectations. Following the release of the US inflation data, the Bitcoin price climbed back above $95,000. 

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Crypto News Today (Live) Updates October 20

October 20, 2025

Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact

October 20, 2025

XRP Wallets Holding Over 10,000 Tokens Hit Record High Amid Price Recovery

October 19, 2025

XRP Could Rally to $5, But Ozak AI’s Price Prediction Feels Unstoppable

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