BREAKING! US PPI Data Announced! What Was Bitcoin's (BTC) First Reaction?!

The leading cryptocurrency Bitcoin (BTC) rapid fell to $58,900 the day before at the fresh time following the CPI info from the US, however then recovered and rose above $60,000 some other time.

Whereas BTC has been exhibiting rather unstable actions in latest days, info on the US Producer Trace Index (PPI) became also announced at the fresh time.

The facts disclosed is as follows:

Core Producer Trace Index (Month-to-month): Presented 0.2% – Anticipated 0.2% – Outdated 0.3%

Core Producer Trace Index (YoY): Presented 2.8% – Anticipated 2.7% – Outdated 2.4%

Producer Trace Index (Month-to-month): Presented 0.0%– Anticipated 0.1% – Outdated 0.2%

Producer Trace Index (Annual): Presented 1.8%– Anticipated 1.6%– Outdated 1.7%

Bitcoin’s first reaction after the incoming PPI info became as follows:

*Right here’s no longer funding recommendation.