Tag
Producer Price Index
2 articles
Bitcoin Drops Below $80k After 1.4% PPI Rise
Bitcoin fell 1.4% to $79,472.8, slipping below $80,000 amid hot U.S. April producer price index data.
April PPI rose 1.4% month‑on‑month and 6% year‑on‑year, the strongest gains since March 2022 and D
Dollar Index +0.2% After 1.4% PPI Rise
US dollar index rose 0.2% to 98.49 following April PPI increase of 1.4% month‑over‑month, the biggest since March 2022.
Year‑over‑year PPI jumped 6%, surpassing forecasts of 4.9%, keeping expectations