Core

Bitcoin

Leading cryptocurrency Bitcoin rose above $59,000 yesterday following positive CPI data from the USA. However, it later fell back to $ 57,000. 
While BTC has exhibited very volatile movements in recent days, data on the US Producer Price Index (PPI) was also announced today. 
<h2 id="the-data-disclosed-is-as-follows">The data disclosed is as follows:</h2> 
Core Producer Price Index (Monthly): Announced 0.4% – Expected 0.2% – Previous 0.0% 
Core Producer Price Index (Annual): Announced 3.0% – Expected 2.5% – Previous 2.3% 
Producer Price Index (Monthly): Announced 0.2% – Expected 0.1% – Previous -0.2% 
Producer Price Index (Annual): Announced 2.6% – Expected 2.3% – Previous 2.2% 
<h2 id="bitcoin-s-first-reaction-after-the-incoming-ppi-data-was-as-follows">Bitcoin's first reaction after the incoming PPI data was as follows:</h2> 
<img decoding="async" class="alignnone wp-image-147997" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/07/BTCUSDT_2024-07-12_15-30-42.png" alt="" width="630" height="608"> 
&nbsp; 
&nbsp; 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-us-ppi-data-announced-here-is-the-first-reaction-of-bitcoin-btc/">BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin (BTC)!</a>

BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin (BTC)!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Jul 12, 2024

Ripple CEO Announces Milestone XRP Index with CF Benchmarks

This Week in Crypto – Recent Innovations and Regulations Fueling Industry Growth

US Supreme Court Reshapes Crypto Regulation Framework

PocketLawyer’s Ngozi Nwabueze appointed to the board of Lagos Business School’s Tech-Leap Initiative

XRP and Dogecoin Can Hit $1 by End of 2024, PAW Can Do the Same in 3 Months.

Over 91,500 Crypto Investors Rush to BlockDAG $2M Giveaway; Kaspa’s Growth and Uniswap’s Market S...

Join our free newsletter for daily crypto updates!