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Leading cryptocurrency Bitcoin rose above $59,000 yesterday following positive CPI data from the USA. However, it later fell back to $ 57,000. 
While BTC has exhibited very 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 0.4% – Expected 0.2% – Previous 0.0% 
Core Producer Price Index (Annual): Announced 3.0% – Expected 2.5% – Previous 2.3% 
Producer Price Index (Monthly): Announced 0.2% – Expected 0.1% – Previous -0.2% 
Producer Price Index (Annual): Announced 2.6% – Expected 2.3% – Previous 2.2% 
<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 wp-image-147997" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/07/BTCUSDT_2024-07-12_15-30-42.png" alt="" width="630" height="608"> 
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*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-us-ppi-data-announced-here-is-the-first-reaction-of-bitcoin-btc/">BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin (BTC)!</a>

BREAKING! US PPI Data Announced! Here is the First Reaction of Bitcoin (BTC)!

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