Behind Bitcoin’s sudden resilience is a $2 billion cash surge that wiped out speculative leverage
July’s PCE inflation studying held at 3.7% headline and three.3% core on Aug. 26, each nonetheless above the Fed’s goal. Futures markets responded by pushing the chances of a September charge hike to roughly 44%, up from 36% earlier than the report. Bitcoin hit an intraday high of $79,251.60 the identical day, buying and selling…
