BTC, XRP, ETH, SOL News: Here's How Friday's Inflation Report Could Move Prices

The upcoming core PCE inflation report, the Fed's preferred gauge, is expected to show a 2.9% year-on-year rise in September, keeping inflation above the Fed's 2% target and potentially strengthening the case for slower rate cuts. Despite this, implied volatility indices for Bitcoin (BVIV around 36%), Ether, Solana, and XRP suggest low expectations for major turbulence, possibly due to the anticipated 25 basis point Fed rate cut on December 10th being priced in. A softer-than-expected PCE report could cause the 10-year Treasury yield to drop below 4%, potentially helping Bitcoin break its current trading range of $92,000-$94,000 and reinforcing the easing narrative supporting crypto's rebound. Conversely, an upside surprise might keep markets range-bound until the Fed clarifies its future path, though analysts warn any yield decline might be short-lived.

(Source：CoinDesk)