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BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise

Bitcoin (BTC) headed higher into the Sep. 14 Wall Street open despite fresh macro data showing resurgent United States inflation.BTC/USD 1-hour chart. Source: TradingViewBitcoin gains while U.S. PPI beats forecastData from Cointelegraph Markets Pro and TradingView followed BTC price action as it made new September highs, topping out at $26,762.Bitcoin

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June CPI, PPI Readings Hold the Spotlight for BTC Investors

On Wednesday, observers of U.S. monetary policy will eye the Labor Department’s release of the June CPI. The CPI has edged steadily downward since last year’s high. Economists’ consensus see June’s index dipping in the mid 3% range, although Edward Moya, senior market analyst at foreign exchange market maker Oanda,

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Bitcoin-friendly PPI data boosts bulls as Ether price fights for $2K

Bitcoin (BTC) preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPPI hints further inflation drops to comeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,250 on Bitstamp.Amid a slowdown in volatility, U.S.

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

Bitcoin (BTC) kept bears sweating near $25,000 on March 15 as encouraging macroeconomic data combined with concerns over banking crisis contagion.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPPI offers "great signs" on Fed pivotData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from a 24-hour comedown to see highs of

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Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’

Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of expectations.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewU.S. PPI numbers fall wide of the markData from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $21,646 on Bitstamp.A

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BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts

Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAttention turns to Bitcoin vs. CPI "big trigger"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to come closer to $17,000 after passing the level

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