new us ppi data released! this is how bitcoin and the dollar first reacted

Summary of Contents

• Initial Response from Bitcoin and DXY!

This week, significant economic data will be monitored for Bitcoin, which fell to $27,000 as a result of the continuous hostilities between Israel and Hamas.

At this point, information regarding today's Producer Price Index (PPI) was released. The following information was disclosed:Announced 2.2% - anticipated 1.6% - prior 1.6% Producer Price Index (PPI) (Annual) Producer Price Index (PPI) (Monthly): Expected 0.3%, Previous 0.7%, Announced 0.5% Annual Core Producer Price Index (PPI): announced 2.7%; anticipated 2.3%; previous 2.2% Monthly Core Producer Price Index (PPI): Expected 0.2% - Previous 0.2% - Announced 0.3% Initial Response from Bitcoin and DXY! Following the arrival of the PPI data, Bitcoin (BTC) and the Dollar (DXY) first responded as follow.

DISCLAIMER: We don't provide any investment advice.