Home
/ Insights
Crypto Newsfeed
Master
reply

Bitcoin price drops 3% on hot US PCE data as analyst says $84,000 must hold

Bitcoin’s price dropped 3% to 84,382 USD as US PCE data indicated a rise in core inflation to 2.5%, surpassing expectations. Market analysts express worries about inflation leading to stagflation in 2025, emphasizing the need for BTC to maintain support at 84,000 USD.

Despite holding above 80,000 USD for weeks, analysts remain cautious. Several traders point to potential tests of 78,000 USD–80,000 USD if BTC falls below 84,000 USD. The market shows signs of volatility, suggesting a typical cooldown as it approaches seasonal resets.

This is community-generated content, not advice from ONUS.
heart
reply
share
 
send
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research