Bitcoin 
$86,989.86 The price fell below 90 thousand dollars after the US market opening and waited at lower levels for the PCE report to be published. PCE, the inflation indicator followed by the Fed, is published with a delay. Since the Fed meeting is next week, we probably saw panic sales by short-term investors after the market opening. Also, the Michigan reports are in now.
US Inflation Breaking News
Due to government shutdown September PCE report It could not be published. The report, which has now been published with a delay, does not reflect today’s current situation as it shows the inflation situation of 2 months ago. However, investors reduced their risks in case of surprise data and this situation in altcoins It caused losses of up to 7 percent.
- USA September P.C.E. Announced: 2.8% (Expected: 2.8% Previous: 2.7%)
- US September Core PCE Announced: 2.8% (Expected: 2.8% Previous: 2.9%)
Analysts had high upside estimates for PCE of up to 3.1%, although consensus estimates were lower. However, the numbers were in line with the consensus estimate.
Even though we see the highest number since February 2025 of PCE It is positive that it remains below 3%. It is also positive that inflation has been restrained below this level for a long time. Today’s figures confirm that inflation is under control and the main concern is employment. Michigan 5 years inflation expectation It was below expectations and 1-year forecasts were also low.
