Wall Street is now pricing in a terminal rate of 5.25-5.50, after hot PCE data, BTC down over 3%

Quick Take Bitcoin is down -3.31% on Feb. 24 due to a hotter than expected PCE data.  Traditional assets are also down on the day, which includes SPX (-0.22%), XAUUSD (-0.75%), and Nasdaq (-2.00%). Wa...