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The leading cryptocurrency Bitcoin (BTC) briefly fell to $58,900 yesterday following the CPI data from the US, but then recovered and rose above $60,000 again. 
While BTC has been exhibiting quite volatile movements in recent days, data on the US Producer Price Index (PPI) was also announced today. 
<h2 id="the-data-disclosed-is-as-follows">The data disclosed is as follows:</h2> 
Core Producer Price Index (Monthly): Announced 0.2% – Expected 0.2% – Previous 0.3% 
Core Producer Price Index (YoY): Announced 2.8% – Expected 2.7% – Previous 2.4% 
Producer Price Index (Monthly): Announced 0.0%– Expected 0.1% – Previous 0.2% 
Producer Price Index (Annual): Announced 1.8%– Expected 1.6%– Previous 1.7% 
<h2 id="bitcoin-s-first-reaction-after-the-incoming-ppi-data-was-as-follows">Bitcoin's first reaction after the incoming PPI data was as follows:</h2> 
<img decoding="async" class="alignnone size-full wp-image-155928" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/10/Ekran-goruntusu-2024-10-11-153033.png" alt="" width="1141" height="1092"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-us-ppi-data-announced-what-was-bitcoins-btc-first-reaction/">BREAKING! US PPI Data Announced! What Was Bitcoin's (BTC) First Reaction?!</a>

BREAKING! US PPI Data Announced! What Was Bitcoin's (BTC) First Reaction?!

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