U.S. Personal Consumption Expenditures Inflation Stabilizes in April, Bitcoin Price Edges Up 0.7 Percent
The price of Bitcoin has not fluctuated significantly as the U.S. Personal Consumption Expenditure (PCE) inflation rate remained stable at 2.7% year-on-year in April. According to data from The Block, the bitcoin price has risen 0.7% in the past 24 hours.
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