PCE
U.S. PCE inflation came in at 2.9% year-over-year, hotter than expected. Bitcoin fell sharply after the release as markets reassessed the Fed's rate outlook.
U.S. PCE inflation matched expectations at 2.8% year-over-year on Jan. 22, 2026, indicating inflation remains elevated. Bitcoin (BTC) reacted negatively to the release and was trading lower on the day.
September U.S. PCE inflation printed 2.8%, matching expectations and increasing the odds of a Fed rate cut next week; Bitcoin jumped on the news and decisively cleared the $90,000 mark.
Cryptocurrency markets experienced a decline as Bitcoin, XRP, and Ethereum prices fell ahead of the release of the Personal Consumption Expenditures (PCE) data, the Federal Reserve's preferred measure of inflation. This data is closely watched as it influences future monetary policy decisions.