US PPI lower than expected across the board, Bitcoin touches $25k

Quick Take

• Bitcoin touched $25,000, while Gold broke $1,920
• US PPI lower than expected across all measures
• PPI -0.1% M/M, Exp. 0.3%
• PPI 4.6% Y/Y, Exp. 5.4%
• PPI Core 0.0% M/M, Exp. 0.4%
• PPI Core 4.4% Y/Y, Exp. 5.2%

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Source: https://cryptoslate.com/insights/us-ppi-lower-than-expected-across-the-board-bitcoin-breaks-25k/