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...
Tag : PPI
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...