Decrypt
Bitcoin Jumps on Cool PCE Inflation Data as Bond Yields Hit 20-Year Highs
August core PCE rose 3.0% year over year against 3.3% expected, and headline PCE came in at 3.4% versus 3.7%. October rate-hike odds now sit at 34.9%.
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August core PCE rose 3.0% year over year against 3.3% expected, and headline PCE came in at 3.4% versus 3.7%. October rate-hike odds now sit at 34.9%.
Story HighlightsJASMY price is retesting the $0.00300 demand area seen in late 2023.
Open USD, the stablecoin project backed by Mastercard, Visa and Stripe, went live on Wednesday on Ethereum, Solana, Base and Tempo as an Open Standard targets payments, banking, settlement and institutional trading in a stablecoin market still dominated by USDT and USDC.