India, Jan. 31 -- Cryptocurrencies are trading on a muted note as markets digest the fresh tariff threats by the U.S. administration. Anxiety ahead of the release of PCE-based inflation readings, deemed the Fed's preferred inflation gauge also weighed on prices. In data to be released on Friday morning, the U.S. Bureau of Economic Analysis is expected to reveal an uptick in year-on-year PCE price index to 2.6 percent from 2.4 percent in the previous month. The core component thereof is however seen steady at 2.8 percent. The PCE price Index on a month-on-month basis is expected to rise to 0.3 percent from 0.1 percent previously. The core component thereof is also expected to edge up to 0.2 percent from 0.1 percent in the previous month. The...
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