{"id":125776,"date":"2025-03-25T13:17:59","date_gmt":"2025-03-25T13:17:59","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125776"},"modified":"2025-03-25T13:17:59","modified_gmt":"2025-03-25T13:17:59","slug":"fridays-pce-inflation-report-may-catalyze-a-bitcoin-april-rally","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125776","title":{"rendered":"Friday\u2019s PCE inflation report may catalyze a Bitcoin April rally"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsTraditional and cryptocurrency investors eagerly await Friday\u2019s Personal Consumption Expenditures (PCE) release, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets including Bitcoin.<br \/>\nThe US Bureau of Economic Analysis (BEA) will release on March 28 the next PCE report, which measures the inflation of prices US consumers are paying for goods and services.<br \/>\nThe PCE inflation print may become the \u201cnext key catalyst\u201d for Bitcoin (BTC) and other risk assets, according to QCP Group, a Singapore-based digital asset firm.<br \/>\nQCP wrote on Telegram:<br \/>\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<br \/>\nRisk assets staged a significant recovery after \u201cTrump signaled twice on Monday that trading partners might secure exemptions or reductions, offering a reprieve that helped soothe market jitters,\u201d QCP added.<br \/>\nRelated: Michael Saylor\u2019s Strategy surpasses 500,000 Bitcoin with latest purchase<br \/>\nOther analysts have pointed at global trade war concerns as the biggest hurdle for investor appetite.<br \/>\nDespite a multitude of positive crypto-specific developments, global tariff fears will continue to pressure the markets until at least April 2, according to Nicolai Sondergaard, a research analyst at Nansen.<br \/>\n\u201cI\u2019m looking forward to seeing what happens with the tariffs from April 2nd onward, maybe we\u2019ll see some of them dropped but it depends if all countries can agree,\u201d Sondergaard said.<br \/>\nBTC\/USD, 1-day chart. Source: Cointelegraph\/TradingViewBitcoin\u2019s price is down over 14% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the day of his presidential inauguration.<br \/>\nStill, analysts expect the PCE report to further soothe inflation-related concerns, catalyzing Bitcoin\u2019s historic rally for the month of April.<br \/>\nSource: CoinGlassBitcoin has averaged over a 12.9% monthly return during April, making it the fourth-best month for Bitcoin\u2019s price based on historic returns, CoinGlass data shows.<br \/>\nRelated: Crypto debanking is not over until Jan 2026: Caitlin Long<br \/>\nBitcoin may rally to $110,000 record high on easing inflation concerns<br \/>\nBitcoin is more likely to soar to a new $110,000 all-time high before retracing to $76,500, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.<br \/>\nBitcoin\u2019s rise to the record $110,000 mark \u201cappears plausible in the current market environment,\u201d according to Juan Pellicer, senior research analyst at IntoTheBlock.<br \/>\n\u201cBTC is showing signs of recovery, driven by growing institutional interest and significant investments from large players,\u201d the analyst told Cointelegraph, adding:<br \/>\n\u201cThe Federal Reserve\u2019s recent decision to ease its monetary tightening could further boost liquidity, favoring a price increase in the near term.\u201d<br \/>\n\u201cWhile market volatility remains a risk that could lead to a pullback, the overall momentum and support levels suggest Bitcoin is more likely to hit the higher target first,\u201d added Pellicer.<br \/>\nMagazine: ETH may bottom at $1.6K, SEC delays multiple crypto ETFs, and more: Hodler\u2019s Digest, March 9 \u2013 15<a href=\"https:\/\/cointelegraph.com\/news\/friday-pce-inflation-report-catalyze-bitcoin-april-rally?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsTraditional and cryptocurrency investors eagerly await Friday\u2019s Personal Consumption Expenditures (PCE) release, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets including&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125776"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125776"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125776\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125776"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}