Mars Finance News: Iliya Kalchev, an analyst at digital asset investment platform Nexo, stated that consumer confidence index, fourth-quarter GDP, initial jobless claims, and the crucial personal consumption expenditure (PCE) inflation data next week are critical. These data may influence the Federal Reserve's interest rate cut decision. The market may now be more confident about the upcoming economic data, and cooling inflation and stable economic conditions could further boost investors' interest, potentially driving Bitcoin and digital assets to further rise. (Cointelegraph)
Viewpoint: Next week's PCE and other macro data may affect the Fed's interest rate cut decision, which may drive BTC's potential rise
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