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The BLS releases the PPI, Bitcoin drops 4.39%

The BLS releases the PPI, Bitcoin drops 4.39%

The producer price index, a measure of prices for final demand goods and services, increased 0.2%, against the Dow Jones estimate of 0.3%.

This is positive macro news for the crypto market. However, Bitcoin continued to underperform, dropping 4.39% in the last 24 hours.

FAILED
This is community-generated content, not advice from ONUS.
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