Cryptocurrency
US PPI lower than expected across the board, Bitcoin touches$25k
quick take
- Bitcoin Reaches $25,000, Gold Breaks $1,920
- US PPI lower than expected across all indicators
- PPI -0.1% m/m, index 0.3%
- PPI 4.6% YoY, Exp. 5.4%
- PPI Core 0.0% M/M, Exp. 0.4%
- PPI Core 4.4% Y/Y, Exp. 5.2%
Bitcoin touches $25k first on CryptoSlate as US PPI generally underperforms expectations.