#BTC Hits New ATH# After the plummet caused by the PPI, is Bitcoin (BTC) and the altcoins' bull at risk?
This week, Bitcoin (BTC) and cryptocurrencies were monitored for critical economic data from the USA. At this point, first the US CPI data was released, followed by the PPI data.
Higher than expected US PPI figures shook global markets overnight, including cryptocurrencies.
The PPI data shows that tariff-related cost pressures are reflecting on consumers faster than expected and increasing the inflation risk.
While the data negatively affects the crypto markets, Singapore-based analysis plat
View OriginalThis week, Bitcoin (BTC) and cryptocurrencies were monitored for critical economic data from the USA. At this point, first the US CPI data was released, followed by the PPI data.
Higher than expected US PPI figures shook global markets overnight, including cryptocurrencies.
The PPI data shows that tariff-related cost pressures are reflecting on consumers faster than expected and increasing the inflation risk.
While the data negatively affects the crypto markets, Singapore-based analysis plat