Bitcoin price targets $79K as US PPI inflation hits highest since 2022
Burns Brief
Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices.
Key Takeaways
- Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices