BTCUSD

Throughout the week, Bitcoin has risen by capitalizing on the increasing risk appetite and weakening dollar, and it is now focused on the PCE data that will determine its fate today. A moderate inflation figure, as the markets expect, would increase expectations that the Fed will loosen its monetary policy, encouraging capital flow into the liquidity-sensitive crypto market and allowing Bitcoin to maintain its upward trend. However, a potential inflationary shock could trigger a "flight to safety" mode, directing investors to safe havens and leading to a sharp sell-off in high-risk assets like Bitcoin.