Over the last weekend, Bitcoin and the broader crypto market witnessed some buying interest. As of press time, the Bitcoin price is trading 5.38% up at a price of $67,336 with a market cap of $1.323 trillion. Similarly, the altcoin space is showing some momentum with Ethereum (ETH) up 4.72% moving closer to $3,500.
US to Reveal Core PCE Price Index Data
This week, on March 29th, the United States will unveil the annual rate of the core Personal Consumption Expenditures (PCE) price index for February. This data holds particular significance as it represents a key indicator closely monitored by the Federal Reserve.
In tandem with the release of this crucial economic data, Federal Reserve Chairman Jerome Powell will deliver remarks at an event hosted by the San Francisco Federal Reserve Bank. Powell’s address is likely to focus on the intersection of macroeconomics and monetary policy, offering insights into the central bank’s outlook and decision-making process. Last week, Powell too
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