🚨 PCE Data Is In — What Now for Markets & Crypto?

📆 May 31 | The April PCE report just landed — and it could be a pivotal moment for the Fed, Wall Street, and crypto alike.

📊 The Numbers:

Headline PCE MoM: 📈 +0.2% (vs. +0.1% expected)

YoY: 📈 2.3% (vs. 2.2% expected)

Core PCE YoY: ⚠️ 2.8% (vs. 2.6% expected)

🔍 What It Means:

1. Sticky inflation persists — The "last mile" to 2% is proving stubborn.

2. Fed’s September cut? Odds just got murkier. Futures are now pricing in <40% chance of a cut.

3. Liquidity squeeze incoming? A hotter print reduces the case for easing, keeping liquidity tight — bad news for risk assets.

📉 Crypto on Edge:

BTC dropped ~2% immediately post-data, reflecting traders repositioning for a longer period of tight monetary policy.

Altcoins felt the heat more, with high-beta names selling off sharply.

🔮 The Big Question:
Is this a temporary inflation blip or the start of a second wave?
And more importantly — will this derail Bitcoin’s recovery, or has the market already digested the new macro reality?

💬 What’s your take?

Is the Fed done for the year?

Can BTC remain resilient even if the liquidity tide goes out?

👇 Share your views in the comments — the macro game just got more interesting.