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Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar Rally

 Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar Rally

 

Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar RallyBitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior […] 

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