PANews June 25 news, according to CoinDesk, Bitcoin has found support and rebounded near $59,000 multiple times in June, with this level replacing $60,000 as a more critical technical support. The decline accelerated on Wednesday, with the price briefly approaching $59,000 before rebounding to $61,000, similar to the move on June 5, when the price stopped falling near $59,000 and then rebounded to $67,000 within a few days. On Thursday evening, the Fed's most-watched PCE data will be released; core PCE is expected to rise 3.3%-3.4% year-on-year, the highest since October 2023. If the data exceeds expectations, it will confirm that the rebound in inflation is not temporary, potentially strengthening rate hike expectations and driving the US dollar index further higher, putting pressure on cryptocurrencies; if it comes in below expectations, it could ease rate hike concerns and provide a boost for Bitcoin's rebound from $59,000.