Today’s Major US Economic Event Could Shake Crypto Markets

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Story Highlights* Crypto market lost nearly $170 billion overnight, raising fears of broader market volatility.

  • Strong U.S. GDP growth reduces chances of immediate rate cuts, surprising traders.
  • PCE inflation report today at 8:30 AM could trigger major market movements.
  • October historically favors crypto, but today’s economic signals may decide Q4 rally start.
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