News with the tag "US PPI"

Bitcoin price could soon see a strong pullback above $100K levels after facing strong selling pressure over the past week. Also, retail participation in BTC is once again picking up which could drive it even higher. Investors have now decided to look past the stick inflationary environment amid the ...

The much-awaited US PPI data today showed that the inflation has advanced 3.5% in January, up from the prior month’s figure of 3.3%. This gloomy data, after the recent hotter-than-anticipated US CPI inflation figures, has further added pressure on the crypto market traders. However, with an unexpect...

The US Producer Price Index (PPI) data and the Consumer Price Index (CPI) fueling volatility in crypto market. Though the inflation rate seems tamed, traders become cautious ahead of President-elect Donald Trump’s inauguration. CPI report due Wednesday to invoke the highest market volatility since M...

Investors eagerly awaited the crucial US Producer Price Index (PPI) data, especially after the recent CPI inflation accelerated last month. Notably, the latest data showed that the US PPI accelerates at 3%, up from the 2.4% figure noted in October. The surge also exceeded market forecasts, dampening...

The latest US Producer Price Index (PPI) data showed that the inflation has come in at 2.4%, up from the September reading of 1.9%. This comes a day after the US CPI inflation figure showed a spike in the inflationary figure for the first time in eight months. Besides, the market concerns are also f...

The highly awaited US Producer Price Index (PPI) data showed that inflation has come in hotter than expected at 1.8% in September, as compared to market expectations of 1.6%. This rising inflation figure, especially after the recent US CPI data, has sparked concerns in the market, over its potential...

Crypto market selloff intensified gradually as global affairs, macroeconomic events, and technical weakness spurred panic among investors. The global crypto market lost more than $100 billion over the last 24 hours, with market cap falling to $2.05 trillion. Bitcoin and Ethereum prices dropped more ...

The latest U.S. Producer Price Index (PPI) index data showed that the inflation has cooled to -0.2% in May, while the market was expecting a surge of 0.1%. Notably, the cooling inflation data has fueled optimism in the market over a potential dovish stance by the Federal Reserve. In addition, the la...

The crypto market witnessed tumultuous trading last week, with a positive start which soon turned otherwise by the end. Notably, the week started on a high note with soaring anticipation over Bitcoin reaching a new high, as per several analysts’ predictions. However, after Friday’s robust U.S. Job D...

Bitcoin traded above the $61,000 mark, after the latest release of the highly anticipated U.S. Producer Price Index (PPI) data. Notably, the crypto market was eagerly waiting for the crucial inflation data, amid soaring concerns over the U.S. Federal Reserve’s policy rate plans. Meanwhile, the lates...