Tag: PPI

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US PPI Inflation Relief Sends Bitcoin Price To $76,000

Bitcoin (BTC) reached monthly highs above $76,000 on Tuesday as US inflation data continued to buoy risk assets.Key points:Bitcoin upside continues as bulls target...

Bitcoin Battles High PPI Inflation Into Key Fed Rates Decision

Bitcoin (BTC) slid 2.5% around Wednesday’s Wall Street open as a fresh US inflation overshoot spooked markets.Key points:US PPI inflation surpasses market expectations again,...

BTC reels following hot February PPI and jump in oil

Quiet bitcoin BTC$72,369.88 price action in the $74,000 area was shattered Wednesday morning on reports of military escalation in Iran and then February inflation...

US PPI Gives Bitcoin Bulls a New Headache Into the Monthly Close

Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.This article does not...

Bitcoin Price Ignores PPI Overshoot to Hit $97,000

Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November Producer Price Index data.This article does not contain...