Four-Year Highs In US PPI Data Cost Bitcoin the $80,000 Mark
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velvetclassic.netBitcoin Slips Below $80,000 as Inflation Data Weighs on Crypto Market Sentiment
Bitcoin traded near $79,800 on Thursday as stronger-than-expected US inflation data and ETF outflows weighed on sentiment in the crypto market. Analysts said traders remain cautious as Bitcoin struggles near key resistance levels while macroeconomic uncertainty continues to pressure risk assets.
Bitcoin Price Drops Below $80,000 as US PPI Rises 1.4% in April
The post Bitcoin Price Drops Below $80,000 as US PPI Rises 1.4% in April appeared on BitcoinEthereumNews.com. The US Producer Price Index for April 2026 increased by 1.4%, according to reports. It is the highest increase in the US PPI since rising 1.7% in March 2022. Bitcoin’s price declined below $80,000 following the US PPI announcement. The US Bureau of Labour Statistics released the Producer Price Index (PPI) for April this Wednesday, reflec…
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BITRSSBitcoin Slides Below $79K as $304M in Crypto Longs Vanish After PPI Shock
On Wednesday, bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price index data, which showed a sharp acceleration in wholesale inflation. Geopolitical Tensions and Macro Factors Bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price […]
Bitcoin was again under pressure this Wednesday after new wholesale inflation data in the United States surprised upwards and hit again the Federal Reserve’s expectations of rate cuts. Cryptocurrency fell briefly below $80,000 after the release of the producer price index (PPI), while operators and analysts assess whether the asset will be able to maintain one of its most important technical levels in the short term. Macroeconomic tension increa…
US Core PPI Surges 1% In April, Biggest Jump Since 2022 — Crypto Braces For Macro Pressure
The April 2026 US core producer price index didn’t just overshoot forecasts — it shattered them. Core PPI, which strips out volatile food and energy costs, surged 1% month-over-month, the fastest pace since March 2022 and well above the 0.3% consensus. On an annual basis, core producer prices climbed 5.2%, up from 4% in March and miles ahead of the 4.3% projection. The data, reported by Trading Economics from the Bureau of Labor Statistics, land…
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