Bitcoin holds below $70K as stocks slip despite a cooler US PPI print

Neutral-7.31%

13 Nov, 16:39

Source: Cointelegraph

AI Summary

Bitcoin drops approximately 4% as financial markets show a tepid reaction to cooler-than-expected US PPI data.

Bitcoin holds below $70K as stocks slip despite a cooler US PPI print

Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.