Dossier
PPI
Coverage of PPI in the Nexus archive.
- Bitcoin pinned near critical support as hot PPI spike compounds rate hike fears: analysts
Bitcoin's price is hovering around $80,000 due to a surge in core PPI, which increased by 1% MoM in April, the highest since 2022. This surge has led to fears of rate hikes and a decline in crypto ETFs. The hot PPI spike has compounded these fears, according to analysts.