Bitcoin price gains 3.5% as US PCE data supports shrinking inflation

Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bounces but preserves intraday trend Data from Cointelegraph Markets Pro and TradingView tracked a 3.55% rise for BTC/USD on the day, allowing the […]