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Big Day For Crypto Holders 🚨
At 8:30am ET, US PCE and Core PCE data will be released.
Expectations for PCE is 2.9% while for Core PCE, it's 2.8%
This is the only significant data which will be released before next week's FOMC.
If PCE and Core PCE came in line with expectations or lower than expected, a rate cut will be 100% locked.
Even a slightly higher print won't stop the Fed from cutting rates.
But it, PCE and Core PCE comes way above expectations, BTC and alts could face sharp correction.