Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling.
“Good” PPI boosts risk assets
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs.
Volatility had returned an hour before the open as the U.S. Producer Price Index (PPI) came in below expectations.
Core PPI was unchanged month-on-month, with the…
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