Bitcoin Slips as Investors Await U.S. PCE Data
Bitcoin slips in Asia as investors await U.S. September PCE data due later Thursday. XS.com's Antonio Di Giacomo says persistent price pressures would leave the Fed less room to lower borrowing costs.
Bitcoin slips in Asia. Investors awaiting the U.S. September PCE data--the Federal Reserve's preferred measure of inflation--due later Thursday. The Fed would have less room to lower borrowing costs if U.S.
price pressures persist, says XS.com's Antonio Di Giacomo in a note. For bitcoin, such a sce…