Markets Brace for PCE Report as $21B in BTC and ETH Options Expire

TLDR: PCE inflation data at 8:30 AM ET is critical; a soft reading could unlock October rate cut expectations. GDP growth hit 3.8% vs. 3.3% forecast, slightly reducing rate-cut odds but keeping market bets at 87.7%. $21B in BTC and ETH options expired today, clearing leverage and setting up potential price swings. Four Fed officials, [...]

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