Bitcoin Holds Above $89,000 as Core PCE Inflation Falls to 2.8%

Bitcoin maintained support above $89,000 on Dec. 6 after September core PCE inflation data showed annual growth declined to 2.8%, a five-month low slightly below market expectations, Bitunix analysts said. The cryptocurrency experienced intraday volatility of roughly 3% with a brief drop toward $87,000, driven by options expiration, MicroStrategy-related selling pressure, and Asian market fluctuations. BTC ETFs recorded net inflows of nearly $60 million despite the pullback, with analysts identifying key support at $89,000-$90,700 and resistance at $94,400 and $97,000 ahead of the Dec. 10 FOMC meeting.