{"id":39065,"date":"2025-03-25T20:00:29","date_gmt":"2025-03-25T17:00:29","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39065"},"modified":"2025-03-25T19:27:00","modified_gmt":"2025-03-25T16:27:00","slug":"can-bitcoin-reach-110000-us-inflation-data-is-key","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/can-bitcoin-reach-110000-us-inflation-data-is-key\/","title":{"rendered":"Can Bitcoin Reach $110,000? US Inflation Data is Key!"},"content":{"rendered":"

Both traditional and crypto investors are eagerly awaiting the upcoming Personal Consumption Expenditures (PCE) inflation data<\/strong> from the US. This report could ease inflation concerns and increase investor appetite for risk assets like Bitcoin.<\/p>\n

The US Bureau of Economic Analysis (BEA)<\/strong> will release the PCE inflation report on March 28<\/strong>, measuring the inflation rate in the prices US consumers pay for goods and services.<\/p>\n

Singapore-based digital asset firm QCP Group<\/strong> stated that the PCE data could be a key catalyst for Bitcoin and other risk assets<\/strong>.<\/p>\n

\n

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n

\n

In a Telegram post, QCP Group said:<\/p>\n

\u201cAs we approach Friday\u2019s quarterly expiry, with the highest open interest in topside strikes above $100K, we don\u2019t expect major volatility driven by options positioning alone. But attention will turn to the PCE inflation print, which could become the next key catalyst.\u201d<\/em><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n