Bitcoin and altcoins are trying to recover from the sharp declines. BTC is still trading below $90,000 with only a few months left in the first quarter. While there was curiosity about whether BTC would explode, data on Personal Consumption Expenditures (PCE), which the FED closely follows when making interest rate decisions and is considered
While the leading cryptocurrency Bitcoin rose above $84,000 yesterday after the CPI data came in below expectations, the BTC price fell back to $82,000. While there is curiosity about whether Bitcoin will continue its rise, data on the US Producer Price Index (PPI) was announced today. The data disclosed is as follows: Core Producer Price