Live updates: Bitcoin below $84,000 ahead of PCE inflation data, Micron earnings

Bitcoin is currently trading below $84,000, testing the $83,000 level and sitting near $82,735. Market participants are closely monitoring the upcoming August core PCE inflation release. Traders are focusing on Fed rate expectations and leverage, which are expected to shape the next significant market move. This price action occurs as the industry awaits key economic indicators and Micron earnings to determine the short-term direction of the cryptocurrency's value and overall market volatility.