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Important economic data are being followed this week for Bitcoin, which dropped to $27,000 following the ongoing tension between Israel and Hamas. 
At this point, data on the Producer Price Index (PPI) was announced today. 
The data disclosed is as follows: 
Producer Price Index (PPI) (Annual): Announced 2.2% – Expected 1.6% – Previous 1.6% 
Producer Price Index (PPI) (Monthly): Announced 0.5% – Expected 0.3% – Previous 0.7% 
Core Producer Price Index (PPI) (Annual): Announced 2.7% – Expected 2.3% – Previous 2.2% 
Core Producer Price Index (PPI) (Monthly): Announced 0.3% – Expected 0.2% – Previous 0.2% 
<h2 id="first-reaction-of-bitcoin-and-dxy">First Reaction of Bitcoin and DXY!</h2> 
The first reaction of Bitcoin (BTC) and Dollar (DXY) after the incoming PPI data was as follows: 
<img decoding="async" class="alignnone wp-image-124289 size-full" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/10/abddolarendeksi.png" alt="" width="4354" height="2110"> 
*This is not investment advice. 
 Continue Reading: <a rel="nofollow" href="https://en.bitcoinsistemi.com/breaking-us-ppi-data-announced-here-is-the-first-reaction-of-bitcoin-and-dollar/">BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin and Dollar!</a>

BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin and Dollar!

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