A sudden drop in Ethereum's price following PCE drops.

Jennyjack

New member
The recent release of personal consumption expenditures (PCE) data on Friday night had a significant impact on the cryptocurrency market, causing a notable decline in prices.

According to the most recent Coinpedia news, the release of PCE data had a negative impact on the cryptocurrency market. Ether fell 1.02% to $1,652 in the 24 hours following the data release. Other cryptocurrencies also fell on the day, with Polkadot's Dot and Polygon's Matic being the most significant losers, both falling over 3%.
 
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