Crypto NewsBitcoinBREAKING! US PPI Data Announced! What Was The Initial Reaction Of Bitcoin...

BREAKING! US PPI Data Announced! What Was The Initial Reaction Of Bitcoin And The Dollar?

PPI data in the USA has been announced.

Follow Bitcoin Sistemi Google News Button

After the CPI data that was announced yesterday and came under expectations, data on the Producer Price index were announced today.

The data disclosed is as follows:

  • Producer Price Index (PPI) (YoY): 0.8% | Expectation: 0.7% | Previous 0.1%
  • Producer Price Index (PPI) (MoM): 0.3% | Expectation: 0.2% | Previous 0.1%
  • Core Producer Price Index (PPI) (YoY): 2.4% | Expectation: 2.3% | Previous 2.4%
  • Core Producer Price Index (PPI) (MoM): 0.3% | Expectation: 0.2% | Previous 0.1%

First Reaction of Bitcoin and DXY!

After the incoming PPI data, the first reaction of Bitcoin and Dollar was as follows:

The inflation data announced yesterday came below expectations, but did not provide a significant increase in the price of BTC.

*Not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!



Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week