PCE Inflation Data Sparks Market Volatility: Nasdaq and Bitcoin Decline
Higher-than-expected U.S. PCE inflation data on June 25, 2026, led to a sell-off in both the stock market and cryptocurrency sector as hopes for Fed rate cuts faded. The Nasdaq 100 erased an intraday rally while Bitcoin fell below $60,000.
Topics: Bitcoin price drop Federal Reserve policy Nasdaq decline PCE inflation