Bitcoin (BTC) retreated to $107,000 levels despite the inflation data announced yesterday that came in below expectations. While investors are wondering which direction Bitcoin and cryptocurrencies will go, data on the US Producer Price Index (PPI) was announced today. The data disclosed is as follows: Core Producer Price Index (Monthly): Announced 0.1% – Expected 0.3%
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.