CryptoCointelegraphabout 2 hours ago
Bitcoin near $64K as PPI cools
1 min read
Bitcoin rose 0.5% to near $63,900 after July PPI inflation cooled, with year-on-year at 4.7% versus 4.9% expected. US stocks gained, with the S&P 500 up 0.87%. Cleveland Fed president Beth Hammack questioned if cooler data meets the 2% target.
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