Key notes
- The PPI of April increased by 2.4% in annual sliding, a positive inflation figure lower than expectations.
- The basic PPI fell 0.4% per month, also signaling cooling inflation.
- The price of Bitcoin has dropped over 24 hours, but it can be approached with a local background, a springboard for a rebound.
The financial market received new signs of cooling inflation in the United States on Thursday after the Produce Price Index (PPI). The preferred inflation gauge highlighted the prices of lower than expected producers. The published data have triggered the immediate attention of traders under the name of Bitcoin
BTC
$ 96 611
24h volatility:
2.1%
COURTIC CAPESSION:
$ 1.92 T
Flight. 24 hours:
$ 29.09 B
And the best altcoins reacted.
American inflation cools more as PPI falls strongly
According to X User Cycleswithbach, the American PPI for April increased by 2.4% in annual shift. However, he did not reach forecasts of 2.5% and down 2.7% in the previous month.
🚨BREAKING: US Macro Data published!
🇺🇸 PPI (APR), 2.4% vs. 2.5% is. (Previous 2.7%)
🇺🇸 PPI core, 3.1% vs. 3.1% is. (Previous 3.3%)
🇺🇸 PPI (APR) MOM, -0.5% vs. 0.2% is. (Previous 0.0%)
🇺🇸 Core Ppi Mom, -0.4% vs. 0.3% is. (Previous 0.4%)
🇺🇸 Unexpected complaints, 229K vs. 229K is. (Previous… pic.twitter.com/qniwwvzcm3
– Bach (@cycleswithbach) May 15, 2025
Likewise, the monthly PPI figure showed an even clearer decision, down 0.5% compared to the expected increase of 0.2%. This marks the largest decrease in producers in recent months and adds weight to the signs that inflation regularly softens.
The basic PPI, which withdraws food and energy costs, has reached 3.1% from one year to the next, corresponding to estimates but down 3.3% in March. On a monthly basis, the basic PPI decreased by 0.4%, undercoating the expectations of an increase of 0.3%. These figures follow the publication of Tuesday IPC data, which showed that consumer inflation fell to 2.3%, its lowest since the beginning of 2021.
This new ICC has triggered a Bitcoin rally, pushing it to new local summits while traders bet on the Federal Reserve to Fall Interest Rates later in the year. However, the climb was short -lived. Taking profit quickly triggered, bringing Bitcoin below $ 102,000. The cryptography market has since stopped, but the atmosphere remains vigilant.
It should be noted that the wider macro image has also shown mixed signals. Unemployed complaints were 229,000, exactly as planned.
Meanwhile, the manufacturing index of the Philadelphia Fed improved at -4, exceeding the expectations of -11 and bouncing from -26.4 in April. Retail sales increased by 0.1% per month, slightly above the 0% estimate but well below March, 1.4% of March.
Market analysts are looking closely at the January report in the United States, which aligned with the inflation data released. They noted that an inflation figure lower than it could trigger recovery in Bitcoin and Altcoins.
Crypto-sealed markets nourished and inflation tendency
It is important to note that the total market capitalization of cryptography had decreased above 3.38 billions of dollars before the release of PPI numbers, supplied by optimism around the relaxation of inflation. Despite this, the price of Bitcoin has further decreased.
At the time of writing the editorial staff, Bitcoin fell 1.86% in the last 24 hours and is now negotiated $ 101,734. Altcoins like Ethereum (NC) and XRP
Xrp
$ 2.22
24h volatility:
0.8%
COURTIC CAPESSION:
$ 129.99 B
Flight. 24 hours:
$ 2.17 B
also dropped by 3.51% and 5.94%, respectively.
These price prospects show the prudent mood of the market before the publication of data. It should be noted that Bitcoin was faced with sales pressure before data release.
Crypto Analyst Doctor Profit noted that the price of Bitcoin can approach a local background, the MVRV indicator suggesting a potential range between $ 68,000 and $ 74,000.
#Bitcoin: If we do not consider a Black Swan event, then BTC is very close to its local background, the MVRV indicator which is very reliable to find lower structures shows us a very clean image here which aligns with my analysis of 68-74K, which would mark the local local background pic.twitter.com/02isrxa48g
– Doctor Profit 🇨🇭 (@drprofitcrypto) March 13, 2025
However, with the IPC and the IPP showing coherent declines, cryptographic investors watch for a potential rebound in the digital asset market. If the drop in inflation continues, cryptocurrency can benefit from more cowardly financial conditions in the coming months.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.
