THE US PRODUCER PRICE INDEX PPI RELEASED
The first reaction of Bitcoin (BTC) and Dollar (DXY) after the incoming PPI
Bitcoin started the week with an increase before the US PPI and CPI data and dropped above $ 63,000, fell back to $ 61,000 levels.
While these volatile movements in BTC continue, important economic data is being followed in the crypto market this week.
The data disclosed is as follows:
Core Producer Price Index (Monthly): Announced 0.5% – Expected 0.2% – Previous 0.2%
Core Producer Price Index (Annual): Announced 2.4% – Expected 2.4% – Previous 2.4%
Producer Price Index (Monthly): Announced 0.5% – Expected 0.3% – Previous 0.2%
Producer Price Index (Annual): Announced 2.2% – Expected 2.2% – Previous 2.1%