{"id":24963,"date":"2024-07-12T16:01:03","date_gmt":"2024-07-12T13:01:03","guid":{"rendered":"https:\/\/coinengineer.io\/?p=24963"},"modified":"2024-07-12T16:01:03","modified_gmt":"2024-07-12T13:01:03","slug":"breaking-us-ppi-data-released-heres-bitcoins-btc-first-reaction","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/breaking-us-ppi-data-released-heres-bitcoins-btc-first-reaction\/","title":{"rendered":"Breaking! US PPI Data Released! Here&#8217;s Bitcoin&#8217;s (BTC) First Reaction!"},"content":{"rendered":"<p>The leading cryptocurrency Bitcoin rose above $59,000 yesterday after positive CPI data from the US. However, it then fell back to around $57,000.<\/p>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/germany-continues-to-sell-bitcoin-new-transfer-of-5800-btc\/\">BTC<\/a> has been exhibiting quite volatile movements in recent days, and today the data on the US Producer Price Index (PPI) has also been released.<\/p>\n<p><strong>The released data is as follows:<\/strong><\/p>\n<p>Core Producer Price Index (Monthly): Released %0.4 &#8211; Expectation %0.2 &#8211; Previous %0.0<\/p>\n<p>Core Producer Price Index (Annual): Released %3.0 &#8211; Expectation %2.5 &#8211; Previous %2.3<\/p>\n<p>Producer Price Index (Monthly): Released %0.2 &#8211; Expectation %0.1 &#8211; Previous %-0.2<\/p>\n<p>Producer Price Index (Annual): Released %2.6 &#8211; Expectation %2.3 &#8211; Previous %2.2<\/p>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 191px; top: 43.3906px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency Bitcoin rose above $59,000 yesterday after positive CPI data from the US. However, it then fell back to around $57,000. BTC has been exhibiting quite volatile movements in recent days, and today the data on the US Producer Price Index (PPI) has also been released. The released data is as follows: Core<\/p>\n","protected":false},"author":1,"featured_media":22288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[61],"class_list":["post-24963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","tag-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Breaking! US PPI Data Released! Here&#039;s Bitcoin&#039;s (BTC) First Reaction! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/breaking-us-ppi-data-released-heres-bitcoins-btc-first-reaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Breaking! US PPI Data Released! Here&#039;s Bitcoin&#039;s (BTC) First Reaction! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The leading cryptocurrency Bitcoin rose above $59,000 yesterday after positive CPI data from the US. However, it then fell back to around $57,000. BTC has been exhibiting quite volatile movements in recent days, and today the data on the US Producer Price Index (PPI) has also been released. 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