Crypto Prices Crash As PCE Print Shows Sticky Inflation, Best Coins To Buy In The Dip
The post Crypto Prices Crash As PCE Print Shows Sticky Inflation, Best Coins To Buy In The Dip appeared on BitcoinEthereumNews.com.
Despite being in line with the market expectations, July’s Personal Consumption Expenditure report showed elevated inflation levels in the US economy. The headline PCE rose by 2.6% year-over-year and 0.2% month-over-month. Core PCE, which strips out food and energy, increased 2.9% annually and 0.3% monthly. Notably, the core PCE inflation is now at its highest level since February 2025. The Fed’s preferred inflation metric just came out… • PCE: 2.6% YoY vs. 2.6% est.• PCE: 0.2% MoM vs. 0.2% est. • Core PCE: 2.9% YoY vs. 2.9% est.• Core PCE: 0.3% MoM vs. 0.3% est. pic.twitter.com/bHXCckauYz — Stocktwits (@Stocktwits) August 29, 2025 Crypto prices are crashing once again due to the macroeconomic headwinds, with the Bitcoin price falling to $107,500 in the early Asian trading hours on Monday. Altcoins are faring worse, with Solana ecosystem and meme coins like Pyth Network, Fartcoin and Pudgy Penguins among the biggest losers. The Rektember scenario is playing out. However, the crypto crash is also the one final opportunity for sidelined investors to accumulate high-upside coins before the bull run in the 4th quarter. July PCE Print Shows Sticky Inflation The July Personal Consumption Expenditure report came in line with the market expectations. However, the core PCE, which is the Federal Reserve’s preferred measure of inflation, continues to hold between 2.6% and 3.0% over the past 18 months. The latest 2.9% reading indicates that the Fed is far from accomplishing its target of 2% inflation level in the US economy. However, the Fed will likely proceed with a 25 bps rate cut in September. The CME FedWatch shows nearly 90% odds of a September rate cut, with another cut likely before the year-end. All eyes are now on this week’s macroeconomic data, with the July JOLTS data and August nonfarm payroll taking the centre…
Filed under: News - @ September 1, 2025 6:27 am