Keynote
- The April PPI rose 2.4% year -on -year and is more positive in inflation than expected.
- The core PPI has fallen by 0.4% over the months to signal cooling inflation.
- Bitcoin prices have fallen more than 24 hours, but they can be close to the local floor, a springboard for recoil.
The financial market has received new signs of cooling inflation in the United States on Thursday, according to the PPI (Producer Fricte Index) report. The preferred inflation gauge pointed out a weaker producer price than expected. Released data attracted immediate attention from the trader to Bitcoin.
BTC
$ 96 611
24H volatility:
2.1%
Market capital:
$ 1.92 t
Vol. 24H:
$ 29.09 b
And the top Altcoin responded.
As the PPI drops sharply, the US inflation is cooler.
According to X user cycleswithbach, the US PPI in April increased 2.4% year -on -year. However, it did not meet 2.5% forecasts from 2.7% of the previous month.
Breaking: US macro data has been released!
PPI (APR), 2.4%. 2.5% EST. (Previous 2.7%)
Core core ppi, 3.1%. 3.1% EST. (Previous 3.3%)
PPI (APR) Mom, -0.5%. 0.2% EST. (Previous 0.0%)
Core core ppi Mom, -0.4%. 0.3% EST. (Previous 0.4%)
🇺🇸 Unemployment claim, 229k vs. 229k EST. (before… pic.twitter.com/qniWVZCM3
-Bach (@cycleswithbach) May 15, 2025
Similarly, monthly PPI figures fell 0.5% from the expected 0.2% increase, showing a clearer movement. This adds weight in recent months, the significant decline in producer prices and the inflation is steadily relaxing.
The Core PPI, which prevents food and energy costs, is 3.1%year -on -year, consistent with estimates, but fell from 3.3%in March. Every month, the Core PPI decreased by 0.4% and underestimated expectations for an increase of 0.3%. This number followed the launch of CPI data in April Tuesday, showing that consumer inflation has dropped to the lowest 2.3%since early 2021.
The CPI news triggered Bitcoin’s rally and betting to the Federal Reserve’s Board of Directors, which was pushed to the new region. But climbing was short. Profit began quickly and raised Bitcoin to less than $ 102,000. The encryption market has been decorated since then, but the atmosphere still remains carefully.
It is worth noting that the wider macro picture shows a mixed signal. The unemployed claims were exactly 229,000 as predicted.
Meanwhile, Philadelphia Fed Manufacturing Index has been improved to -4, exceeding the expectation of -11 and rebounded in April -26.4. Retail sales rose 0.1% a month, slightly higher than the 0% estimates, but much lower than the 1.4% jump in March.
Market analysts are closely at the January US CPI report, which coincides with the released inflation data. They pointed out that lower inflation levels can cause the recovery of Bitcoin and Altcoin.
The encryption market has the eye and the inflation trend
The total market capitalization rose to more than $ 3.38 trillion before the number of PPIs was released, and was promoted by optimism of inflation. Nevertheless, the price of Bitcoin still fell.
At the time of writing, Bitcoin has decreased 1.86% over the last 24 hours and is currently trading at $ 101,734. Altcoin such as Ether Leeum (NC) and XRP
XRP
$ 2.22
24H volatility:
0.8%
Market capital:
$ 129.99 b
Vol. 24H:
$ 2.17 b
It also decreased 3.51% and 5.94%, respectively.
This price outlook shows a cautious market atmosphere before the data is released. It is worth noting that Bitcoin sells pressure before data release.
Encryption analysts’ interests pointed out that the price of bitcoin can access the local floor.
#BitcoinIf you don’t have a Black SWAN event, BTC is very close to the local floor. Very reliable MVRV indicators in finding floor structures show a very clean picture that matches 68-74K analysis. pic.twitter.com/02isrxa48g
-Doctor profit@(@DRPROFITCRYPTO) March 13, 2025
However, as the CPI and PPI show a consistent decline, encryption investors are watching the potential digital asset market rebound. If inflation is reduced, cryptocurrency can benefit from loose financial position in the next few months.
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disclaimer: Coin speakers are doing their best to provide a prejudice and transparent report. This article aims to provide accurate and timely information, but should not be considered financial or investment advice. Since market conditions can change rapidly, it is better to check the information and consult with experts before making a decision based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist, and is integrated worldwide with the general acceptance of emerging technology, loving writing about the actual applications and innovation of blockchain technology. His desire to educate people for Cryptocurrencies encourages his contribution to famous blockchain media and sites.