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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 Producer Price Index (Monthly): Released %0.4 – Expectation %0.2 – Previous %0.0
Core Producer Price Index (Annual): Released %3.0 – Expectation %2.5 – Previous %2.3
Producer Price Index (Monthly): Released %0.2 – Expectation %0.1 – Previous %-0.2
Producer Price Index (Annual): Released %2.6 – Expectation %2.3 – Previous %2.2