$562M Liquidation Surge Hits Crypto Market After PPI Inflation Jump
Bitcoin slid below $77,000 to a daily low of $76,651 following a hotter-than-expected 0.4% monthly rise in the U.S. Producer Price Index. PPI Surprise Sparks Sell-Off Bitcoin’s price slid below $77,000 Thursday after the U.S. Bureau of Labor Statistics released data showing a 0.4% monthly increase in the U.S. Producer Price Index. Though largely expected, […]
Key Takeaways
- Bitcoin slid below $77,000 to a daily low of $76,651 following a hotter-than-expected 0.4% monthly rise in the U.S.
- Producer Price Index.
- PPI Surprise Sparks Sell-Off Bitcoin’s price slid below $77,000 Thursday after the U.S.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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