According to Followin, the U.S. will announce the annual and monthly core PCE price index for April at 20:30 on Friday evening, the 31st. If we observe the data in the past six months, the core PEC value continues to decrease, from 3.5% to 2.8%, but the values in February, March and April all remain at 2.8%. The April forecast is also 2.8%. Crypto practitioners believe that this data may affect the market trend of cryptocurrencies such as BTC.
The distribution of US PCE data for April at 20:30 Beijing time may affect the price trend of BTC
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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