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

The leading cryptocurrency Bitcoin (BTC) started the week in which critical data will be announced with sharp declines. At this point, Bitcoin, which fell below $ 90,000 yesterday, rose to $ 94,000 again, while data on the US Producer Price Index (PPI) were announced today.

The data disclosed is as follows:

Core Producer Price Index (Monthly): Announced 0.0% – Expected 0.3% – Previous 0.2%

Core Producer Price Index (YoY): Announced 3.5%– Expected 3.8%– Previous 3.4%

Producer Price Index (Monthly): Announced 0.2%– Expected 0.4%– Previous 0.4%

Producer Price Index (Annual): Announced 3.3%– Expected 3.5%– Previous 3.0%

Bitcoin’s first reaction after the incoming PPI data was as follows:

*This is not investment advice.

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