BREAKING! US PPI Data Announced! Here’s Bitcoin’s (BTC) First Reaction!
By: cryptosheadlines|2025/05/15 21:00:11
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin (BTC), Ethereum (ETH) and altcoins have experienced some pullbacks after the recent rise.While investors were wondering whether the rise would continue, data on the US Producer Price Index (PPI) was released today.The data disclosed is as follows:Core Producer Price Index (Monthly): Announced -0.4% – Expected 0.3% – Previous -0.1%Core Producer Price Index (YoY): Announced 3.1% – Expected 3.1% – Previous 3.3%Producer Price Index (Monthly): Announced -0.5% – Expected 0.2% – Previous -0.4%Producer Price Index (Annual): Announced 2.4% – Expected 2.5% – Previous 2.7%In addition to the PPI data, Unemployment Benefit Applications were also announced.Announced 229k – Expected 229k – Previous 228kBitcoin’s first reaction after the incoming PPI data was as follows:After the data came in lower than expected, Bitcoin rose to $ 102,700, according to Binance TR data.30-minute Bitcoin chart according to Binance TR data*This is not investment advice.Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!Source link
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