The crypto currency market follows a wavy course before the US’s personal consumer expenditures (PCE) inflation data. Bitcoin (BTC) $105,198.9Moved between $ 103,962 and $ 106,000, while the leading subcoins gave mixed signals. Analysts say that the data to be announced on Friday may affect the Federal Reserve’s interest policies.
Market participants are cautious, concerned that inflation figures may be reflected in the FOMC meeting. The global crypto currency market value was fixed at $ 3.5 trillion. Ethereum (ETH) 
$3,214.4With an increase of 0.5 %, reached $ 3,227, while different performances were observed in subcoins such as XRP and Solana.
PCE data can shape the interest rate decision
December PCE Inflation data, which will be announced on January 31, may clarify the Fed’s interest rate reduction strategy. Experts emphasize that the slowdown in inflation increases the likelihood of lowering interest rates. The market focused on speculation that the Fed could download interest three times in 2024.
The crypto money market shows high sensitivity to changes in interest rates. The low interest environment can increase orientation to risky assets. PCE results will play a key role in determining the short -term aspect of Bitcoin and Altcoins.
Limited movement in subcoins, market volume has fallen
Altcoins performed differently from BTC’s dominant trend. Projects such as Jasmycoin and Arweave earn up to 10 %, while Jupiter and Optimism drew attention with losses exceeding 7 %. The decrease in breast coins showed that investors’ risk appetite is reduced.
The crypto money market volume fell 16 %in the last 24 hours and decreased to 105.07 billion dollars. The decline in volume indicates that investors avoid taking positions before PCE. Analysts believe that post -data trend will affect the subcoins more.
Prominent comments and warnings
Crypto analyst Michaël Van de Poppe awaits a strong rise in Bitcoin and Altcoins if the FED goes to interest rates in 2024. However, it underlines that care should be careful against short -term fluctuations.
Experts warn that the market may experience harsh corrections if PCE data is higher than expected. Investors’ portfolio diversification and Stop-Loss strategies are recommended to keep active.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
