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%
BTC and Gold: (Source: Trading View)

Bitcoin touches $25k first on CryptoSlate as US PPI generally underperforms expectations.

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