Core

Bitcoin

While the inflation data announced during the week exceeded expectations, the Bitcoin price fell to $69,000 for a short time, but recovered quickly. 
BTC, which fell after the CPI data, reached the new ATH, exceeding $ 73,000. 
While BTC is currently at $72,700, important economic data is being followed in the crypto market this week. 
At this point, data on the US Producer Price Index (PPI) was also announced today. 
The data disclosed is as follows: 
Core Producer Price Index (Monthly): Announced 0.3% – Expected 0.2% – Previous 0.5% 
Core Producer Price Index (Annual): Announced 2.0% – Expected 1.9% – Previous 2.0% 
Producer Price Index (Monthly): Announced 0.6% – Expected 0.3% – Previous 0.3% 
Producer Price Index (Annual): Announced 1.6% – Expected 1.1% – Previous 0.9% 
Apart from US PPI data, Unemployment Benefit Applications were also announced: 
Applications for Unemployment Rights: Announced 209K – Expected 218K – Previous: 217K 
<h2 id="the-first-reaction-of-bitcoin-btc-and-dollar-dxy-after-the-incoming-ppi-data-was-as-follows">The first reaction of Bitcoin (BTC) and Dollar (DXY) after the incoming PPI data was as follows:</h2> 
<img decoding="async" class="alignnone wp-image-137450 size-large" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/03/tcsadasd-1024x457.png" alt="" width="696" height="311"> 
*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-and-dollar-6/">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!

Daftar Isi

Bitcoin Sistemi EN

Artikel lain yang dipublikasikan pada 14 Mar 2024

Hong Kong Expands CBDC Study in e-HKD Pilot Phase 2

Thetanuts Finance Launches Leveraged LRT Strategy Vault to Enable Further Composability with Pend...

Harnessing AI to Supercharge Sales Efficiency

Omnisea to Enable Ritual-Powered aiNFT Drops in Upcoming Integration

College Student Who Paid Tuition With Crypto Profits Shares 2024’s Top 3 Game-Changing Coins

BlockDAG’s Price Prediction for 2024-2030 Stuns Investors, What lies Ahead For Other Altcoins Lik...

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!