Market Pops on PCE Report, WTF Happened to Bitcoin Yesterday?
Personal Consumption Expenditures (PCE) came in at 2.4% year over year for the month of January, in line with market expectations. The market is reacting positively to this news. Elsewhere the market is still reacting to a sudden and suspiciously timed breakdown at Coinbase yesterday amid a monster rally in Bitcoin that came to a screeching halt when the popular exchange crashed...again.
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