PPI was announced in the US, Bitcoin rose.

#bitcoin news

Uzmancoin

2025-09-10 04:45:09

The producer price index for August in the USA has been announced. The PPI, which increased by 0.9% in July, decreased by 0.1% this time. On an annual basis, the increase of 3.3% in July was within expectations, but here inflation was announced as 2.6%.

The producer price index coming in much lower than expected has led to an increase in gold along with risky assets. As soon as the data was released, Bitcoin rose above $113,300. Gold also surpassed $3,650 again.

The markets have begun to expect 3 interest rate cuts for this year following the data. Expectations have formed for 3 cuts at a rate of 44%, 2 cuts at a rate of 39%, and 4 cuts at a rate of 8%.

In the US, the consumer price index will be announced tomorrow at 15:30 TRT.

Published: September 10, 2025 15:45 Last Updated: September 10, 2025 15:46

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