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CoinEx News: The U.S. May PCE inflation report is due on June 25 at 8:30 a.m. EDT (12:30 UTC). PCE is the inflation gauge the Federal Reserve watches most closely. Headline inflation is seen around 4% year over year and core PCE — which strips out food and energy — near 3.3%-3.4%, still well above the Fed's 2% target.
Bitcoin has repeatedly bounced near $59,000 this month, making that — not the round $60,000 — the level to watch tonight, with the key question whether a hot PCE lifts the dollar and rate-hike bets enough to break that support.
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