BREAKING NEWS: Producer Inflation Announced in the US! Is It Good or Bad for Bitcoin?

The United States (US), shown as the world's largest economy, deeply affects traditional financial markets and the cryptocurrency sector. As of today, all eyes in the money markets are again on the data to come from the US.

Producer inflation data in the US, which is also closely followed by the FED, was announced in the past minutes. Here are the latest US PPI data:

US Annual Producer Price Index (PPI):

Previous: 2.7%

Expected: 2.3%

Accounted: 2.2%

US Monthly Producer Price Index (PPI):

Previous: 0.2%

Expected: 0.2%

Accounted: 0.1%

US Annual Core Producer Price Index (PPI):

Previous: 3.0%

Expected: 2.7%

Accounted: 2.4%

US Monthly Core Producer Price Index (PPI):

Previous: 0.3%

Expected: 0.2%

Accounted: 0.0%