GM Brothers and Sisters ✅Bitcoin remained stable with no major reaction Bitcoin price held steady around $64,500, showing little volatility in response to the latest inflation data. Crypto assets overall joined a “relief bounce” alongside U.S. stocks. ✅U.S. PCE inflation data met expectations and posted the first monthly decline in six years June Personal Consumption Expenditures rose 3.7% year-over-year, in line with market forecasts. This ended the recent upward trend in PCE and marked the first month-over-month decline since 2020. May’s PCE reading had been 4.1%. PCE is the Federal Reserve’s preferred inflation gauge. ✅Inflation remains well above target, prompting cautious reactions Although the figure matched expectations, 3.7% is still nearly double the Fed’s 2% target, so analysts remain wary. Some economists noted that inflation is still “hard to put back in the bottle.” ✅Additional positive factors: Easing semiconductor sell-off + rising U.S. stocks The heavy selling pressure in South Korean semiconductor stocks from earlier in the week eased. The S&P 500 rose about 1% and the Nasdaq Composite climbed roughly 2.3%, lifting sentiment for risk assets. ✅Bitwise view: Bitcoin may become less sensitive to future rate changes Bitwise CIO Matt Hougan predicted that future Fed rate adjustments will be more modest, so Bitcoin’s reaction to rate news should diminish. Newly appointed Fed Chair Kevin Warsh is expected by some to take a more dovish stance. －－－－－－－－－－－－－－－－ Plan accordingly & Choose wisely ✨May your life radiant with Bitcoin✨ bitcoin:native