Bitcoin Price Rejects $120k After Mixed US PPI Inflation Report

The U.S. Producer Price Index (PPI) showed no change in June, according to data released Wednesday by the Bureau of Labor Statistics. This was below economists’ expectations of a 0.2% increase, fueling hopes that inflation pressures may be easing. The core PPI, which excludes food and energy, also came in flat. Following the release, Bitcoin […] The post Bitcoin Price Rejects $120k After Mixed US PPI Inflation Report appeared first on Coin Edition.