The U.S. PPI inflation data for September has come in higher than expectations, providing a bearish outlook for Bitcoin. The flagship crypto quickly dropped after the PPI report, which could cast doubt on another rate cut at the December FOMC meeting. September PPI Inflation Comes In Hot, Bitcoin Drops Bureau of Labor Statistics data shows

The post Breaking: U.S. PPI Inflation Rises 2.7% YoY, Bitcoin Falls appeared first on CoinGape.

The U.S. PPI inflation data for September has come in higher than expectations, providing a bearish outlook for Bitcoin. The flagship crypto quickly dropped after the PPI report, which could cast doubt on another rate cut at the December FOMC meeting. September PPI Inflation Comes In Hot, Bitcoin Drops Bureau of Labor Statistics data shows

The post Breaking: U.S. PPI Inflation Rises 2.7% YoY, Bitcoin Falls appeared first on CoinGape.

The U.S. PPI inflation data for September has come in higher than expectations, providing a bearish outlook for Bitcoin. The flagship crypto quickly dropped after the PPI report, which could cast doubt on another rate cut at the December FOMC meeting. September PPI Inflation Comes In Hot, Bitcoin Drops Bureau of Labor Statistics data shows

The post Breaking: U.S. PPI Inflation Rises 2.7% YoY, Bitcoin Falls appeared first on CoinGape.