# AprilCorePCERelease

🇺🇸 The US Core PCE Price Index climbed to 2.9% year over year in July, aligning with market expectations and rising slightly from June’s 2.8%, while the month over month increase held steady at 0.3%, as forecasted.🔥

#ETH Trend Watch #April Core PCE Release

#LOOM LOOM is currently in a **"regulatory exile + Liquidity"** dual crisis:
1️⃣ **Short-term risks**: the price is subject to fluctuations from small and medium exchanges, large players increase the risk of market manipulation, caution is advised regarding the possibility of devaluation;
2️⃣ **Long-Term Prospects**: if there are no technological breakthroughs (, for example, the SDK update 3.0) or compliance fixes, hopes for recovery are bleak;
3️⃣ **Alternative Options**: if you are interested in the Layer-2 segment, it is recommended to pay attention to leading projects such as ARB, MATIC🔍

#April Core PCE Release
Cryptocurrency News - Muhabbit:
In the USA, the number of unemployment claims was 240 thousand. The expectation was 229 thousand.
The U.S. Department of Labor has withdrawn its warning regarding cryptocurrencies in pension plans, published in 2022 401(k). This move paves the way for the inclusion of Bitcoin in pension plans.
Latest news: the second court instance in the US has blocked the customs duties imposed by President Trump.
Latest news: A federal judge in the U.S. has halted the ban on customs duties and granted the Trump administration 14 days to file an appeal