{"id":162954,"date":"2025-07-16T17:25:59","date_gmt":"2025-07-16T14:25:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162954"},"modified":"2025-07-16T17:25:59","modified_gmt":"2025-07-16T14:25:59","slug":"heres-how-bitcoin-reacted-to-the-june-ppi-report","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-how-bitcoin-reacted-to-the-june-ppi-report\/","title":{"rendered":"Here\u2019s How Bitcoin Reacted to the June PPI Report"},"content":{"rendered":"
At the moment of the PPI release on July 16, Bitcoin was trading near $117,600. Over the following two hours, the price jumped sharply to a high of $119,400, gaining over $1,800 in a swift move. However, the rally proved short-lived. Sellers stepped in above the $119K level, pushing BTC back toward $118,400 by 14:22 UTC, as seen in the 2-hour Coinbase chart.<\/p>\n
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The initial spike was likely driven by the market\u2019s interpretation of the flat PPI reading. The headline PPI showed no month-over-month change in June, suggesting a potential cooldown in producer-side inflation pressures. This reinforced hopes that the Federal Reserve may have more flexibility to cut rates later in the year.<\/p>\n
However, a deeper look into the report painted a more complex picture. While services prices declined by 0.1%, goods inflation remained firm, especially in energy and core goods categories. Annual PPI still rose 2.3%, and core PPI (excluding food, energy, and trade) held steady at 2.5%\u2014indicating that inflation remains sticky on a yearly basis.<\/p>\n