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The leading cryptocurrency Bitcoin (BTC), which has been running from record to record in recent days, exceeded $ 90,000 and reached a new ATH in the evening hours after the CPI data from the US yesterday.
While there was a pullback after the ATH, 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 0.3%– Expected 0.3% – Previous 0.2%
Core Producer Price Index (YoY): Announced 3.1%– Expected 3.0% – Previous 2.8%
Producer Price Index (Monthly): Announced 0.2%– Expected 0.2% – Previous 0.0%
Producer Price Index (Annual): Announced 2.4%– Expected 2.3%– Previous 1.8%
In addition to the PPI data, applications for unemployment benefits were also announced.
Unemployment Claims: Announced 217k – Expected 224k – Previous 221k
<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 fetchpriority="high" decoding="async" class="alignnone size-full wp-image-158813" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/11/BTCUSDT_2024-11-14_16-30-44.png" alt="" width="930" height="1083">
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-us-ppi-data-announced-heres-bitcoins-btc-first-reaction/" rel="noopener noreferrer nofollow">BREAKING! US PPI Data Announced! Here's Bitcoin's (BTC) First Reaction!</a>

BREAKING! US PPI Data Announced! Here's Bitcoin's (BTC) First Reaction!

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