Bitcoin fell 1.4% to $79,473, marking a third consecutive day below $80k amid hot US April PPI data.
US headline PPI rose 1.4% MoM and 6% YoY in April, the strongest increase since March 2022 and Dec 2022 respectively.
Fed Chair Jerome Powell’s term ends Friday; Kevin Warsh confirmed as successor, with markets expecting rates on hold but hikes later 2026.
Charles Schwab launched “Schwab Crypto,” allowing eligible retail investors to trade Bitcoin and Ether directly, expanding its digital‑asset services.