Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July. Key points: Bitcoin avoids further...
Tag : PPI
Bitcoin climbs above $65K as weak PPI rattles Fed hawks
Bitcoin has climbed above $65,000 after softer-than-expected U.S. producer inflation reduced expectations of a Federal Reserve rate hike later this month. Summary Bitcoin climbed above...
June PPI Misses Forecast by 0.7 Points, Boosting Rate Cut Expectations
June PPI came in at -0.3% month over month against a consensus of 0.0%, and 5.5% year over year versus an expected 6.2%. The downside...
Bitcoin price targets $79K as US PPI inflation hits highest since 2022
Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm. Key points: Bitcoin price action sees fresh downside...