FinanceCointelegraphabout 2 hours ago
US PPI Gains Most in Four Years
3 min read
US Producer Price Index data showed a 6.3% increase in September, the largest monthly gain since March 2022. This 100-basis-point overshoot of the 5.3% expectation caused Bitcoin to dip below $80,000 and risk assets to fall despite a tech sell-off in South Korea.
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