Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data

macro

Bitcoin fell below $78,000 after US personal consumption expenditures (PCE) inflation data came in hotter than expected, triggering sell-offs in stocks and gold. The unified market reaction signals a broad risk-off repricing and renewed pressure on risky assets as traders reassess rate expectations. For Bitcoin, this raises near-term volatility and downside risk as higher inflation supports stronger yields and a stronger dollar, which can cap immediate upside. Market sensitivity to incoming macro data is likely to remain elevated, increasing the chance of further short-term pullbacks if inflation stays high.

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