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Ppi
U.S. January PPI Rose a Faster Than Expected 0.4%; Annual Pace Jumped to 3.5%
Under pressure this morning ahead of a coming Trump tariff announcement, the price of bitcoin didn't immediately react to the data.
Bitcoin Price Flat Around $29.5K After July PPI Data
The Producer Price Index (PPI) rose 0.3% from June to July, the highest monthly increase since January. Innovating Capital General Partner Anthony Georgiades discusses the data and other macro factors potentially moving the crypto markets.
Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Forex.com global head of research Matt Weller discusses his crypto markets analysis and outlook as bitcoin (BTC) has failed twice this week to breakout above $31,000. Plus, his reactions to the June Producer Price Index (PPI) data and the U.S. spot bitcoin ETF race.
Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
Bitcoin Below $27K After April PPI Data
Bitcoin (BTC) is trading below $27,000 after the U.S. PPI increased just 0.2% in April. Stablecorp CEO Alex McDougall discusses the potential catalyst behind BTC's price drop, also addressing liquidity concerns in the bitcoin market.
Why is BTC Moving in Sync With Nasdaq?
GlobalBlock Market Analyst Marcus Sotiriou shares his bitcoin price outlook as bitcoin moves in sync with the Nasdaq and S&P 500, noting macro factors like the U.S. Core Producer Price Index (PPI). Sotiriou also discusses bitcoin’s use as a global reserve asset, referencing El Salvador and the Luna Foundation Guard. Plus, a conversation about tech billionaire Elon Musk’s ambition to buy Twitter and its potential market impact.