16.07.2025 20:02

Following the release of unexpectedly low US Producer Price Index (PPI) data, Bitcoin (BTC) experienced a brief period of volatility. Initially, after a sharp climb, the cryptocurrency dipped to approximately $116,000.

Subsequently, however, BTC demonstrated resilience, partially recovering its losses and trading around the $117,500 mark. This recovery has left market participants speculating about the future trajectory of Bitcoin and the broader cryptocurrency market.

The newly published PPI figures revealed a significant divergence from analyst predictions. Specifically, the core PPI monthly change registered at 0%, defying expectations of a 0.2% increase and the previous month's 0.1% rise. Similarly, the annual core PPI came in at 2.6%, lower than the projected 2.7% and the 3.0% recorded previously.

Mirroring the core PPI data, the headline PPI also showed a 0% monthly change, contrasting with the predicted 0.2% and last month's 0.1%. The annual PPI figure registered at 2.3%, undershooting the 2.5% forecast and the previous period's 2.6%. This unexpected data sparked the initial BTC price reaction.

Bitcoin's initial response to this economic data was a minor pullback. However, its subsequent partial recovery suggests a degree of market stability, albeit with uncertainty remaining about the longer-term impact. *This information is not financial advice. For exclusive news, analysis and on-chain data, please refer to our Telegram and Twitter accounts. Source: Internet sources.*