New US inflation data have already been released. The underlying PCE price index rose in May to the year of 2.7%, reaching the highest level, exceeding the forecast of 2.6% since February 2025. Under the monthly conditions, the underlying PCE increased by 0.2%, exceeding 0.1%.
The following publication of the X Cryptootic account shows current results, previous results, and market expectations.
These bad news could allow the Federal Reserve to take more to cut interest rates.
Therefore, as seen in the next TradingView chart, the initial BTC movement has gone down after new inflation data is found.
Investors are now paying attention to news about the “customs war” that could also affect BTC. US President Donald Trump has confirmed that he has signed a tariff agreement with China. “I signed it yesterday,” he said in the White House act without providing additional details.