Producer Price Index

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Bitcoin Price Gets a Boost From Producer Price Index Print
Yahoo Finance· 2025-09-10 22:25
Bitcoin ticked higher after the Bureau of Labor Statistics reported the producer price index dropped 0.1% in August—suggesting there’s less pressure on producers to raise prices and making a Fed rate cut more likely next week. As of this writing, BTC has gained about 0.5% in the past hour since the new U.S. economic data was released and is trading over $114,000. That puts Bitcoin 2.3% higher than it was this time last week, but still 5.7% below its price 30 days ago. Ethereum also got a slight boost fro ...