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US PPI lower than expected across the board, Bitcoin touches $25k

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Quick Take

  • Bitcoin touched $25,000, while Gold broke $1,920
  • US PPI lower than expected across all measures
  • PPI -0.1% M/M, Exp. 0.3%
  • PPI 4.6% Y/Y, Exp. 5.4%
  • PPI Core 0.0% M/M, Exp. 0.4%
  • PPI Core 4.4% Y/Y, Exp. 5.2%
BTC and Gold: (Source: Trading View)

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