24x7 Flash News
Stay informed with accurate and timely crypto news — from Bitcoin to altcoins to DeFi, Web3, and market trends.
Phemex Crypto Market Daily: BTC Slips as PCE, Regulation Drive Crypto (Aug 26)
Key Takeaways:
1. Macro Environment US core PCE is due today, while a divided Fed and mixed U.S. stocks keep rate-cut timing uncertain. Australia’s CPI may cool, but AUSTRAC’s immediate KYC rules and Thailand’s ETF consultation show regulation is tightening even as market access improves. 2. Crypto Market Crypto markets traded mixed over the past 12 hours, with BTC at $78,846 (-1.04%) and ETH at $2,455.30 (-1.53%) as risk appetite softened. Stacks led gains at +14.02%, while ZRO rose 8.59% on strong volume and Monad fell 10.60% on security and quantum-upgrade headlines. 3. Today's Outlook US core PCE and GDP data are the main catalysts today, with the release likely to reset Fed rate-cut expectations and BTC liquidity. Also watch token-unlock screens for supply pressure and any follow-through in BTC ETF and treasury-driven demand, which could amplify volatility.
