Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years

CryptoInfo Editorial Team · Published on July 30, 2026 at 16:17 · Updated on July 30, 2026 · 1 min read

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Key Takeaways

→Bitcoin remains stable after the release of US PCE inflation data
→US PCE inflation data sees first monthly drop in six years
→The relief bounce is also observed in US stocks

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to reporting from CoinTelegraph, Bitcoin has remained stable following the release of US PCE inflation data.

The Personal Consumption Expenditures (PCE) price index, which is the Federal Reserve's preferred measure of inflation, has seen its first monthly drop in six years.

This development has contributed to a relief bounce in both Bitcoin and US stocks, with the latter also benefiting from an easing of the South Korea semiconductor rout.

The US PCE inflation data has conformed to year-on-year expectations, providing a sense of stability in the market.

Source: CoinTelegraph ↗

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