Pce

Bitcoin is trading sideways, struggling to break $94,000 resistance, while altcoins like XRP and Solana see sharper losses ahead of the crucial U.S. PCE inflation report.

The first week of December could be volatile for the crypto market, with key U.S. macroeconomic data on the docket. Events like Fed Chair Jerome Powell’s speech, the PCE inflation report, and jobs data could significantly impact Bitcoin’s price.

Bitcoin’s price showed resilience after a minor dip, with buyers defending the $86,000 level. The market is now focused on the upcoming US PCE inflation data for further direction.