Bitcoin Falls Below $80,000 After US PPI Rises Most in Four Years
Bitcoin dipped below $80,000 on Thursday after US Producer Price Index data recorded its biggest increase since March 2022. The source says PPI significantly beat expectations.
Bitcoin (BTC) dipped below $80,000 on Thursday as US Producer Price Index (PPI) data significantly beat expectations.Key points:Biggest PPI increase since March 2022 adds to Bitcoin tailwindsData from TradingView showed BITSTAMP:BTCUSD slipping to its lowest levels since Sept. 18, declining as much…