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Bitcoin Price Rebounds After PCE Data, Is $90,000 The Next Stop?

CoinGape LogoCoinGape11h ago

Bitcoin Price Rebounds After PCE Data, Is $90,000 The Next Stop? - CoinGape

Quick Summary:

At the time of writing, the coin has breached the resistance level at $84,000 as investors digest the United States Personal Consumption Expenditures (PCE) data.

The price of Bitcoin (BTC) has made an important pivot in the past hour, with bullish sentiments returning to the market.

As an important inflationary gauge, the PCE data has signaled that inflation is not much of a concern as investors react to it.

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Bitcoin Price Rebounds After PCE Data, Is $90,000 The Next Stop? - CoinGape (Picture 1)

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 18:05:58 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26519687

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 34 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Bitcoin Price Rebounds After PCE Data, Is $90,000 The Next Stop?" has 458 words across 36 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Price Rebounds After PCE Data, Is $90,000 The Next Stop?" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 34 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26519687
  • URL: https://beamstart.com/news/bitcoin-price-rebounds-after-pce-17407659675225

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