HomeUncategorizedBitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets By Cointelegraph

Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets By Cointelegraph

April 30, 2023

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© Reuters.

(BTC) stayed choppy at the April 28 Wall Street open, while United States macro data conformed to expectations.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD annotated chart. Source: Rekt Capital/Twitter