Folks, don’t leave just yet—good news is here! The U.S. August Core PCE YoY came in at 3.0%, below the market expectation of 3.3%. MoM was 0.2%, also lower than the expected 0.3%. As soon as the data dropped, the Dollar Index fell to around 101, gold shot up $14, and BTC skyrocketed over $1,000! Translation: One less reason to hike rates in October. The New York Fed’s Williams just said there’s no rush to hike in October, and now this pretty much confirms it. The crypto world can catch a breather, but hoping for rate cuts to feast? Wake up, we’re still debating whether to hike or not.