Bitcoin adds 1% gains thanks to the latest PPI print, but traders want to see better BTC price strength.
, BTC/USD avoided a downturn on the PPI release, modestly gaining in line with US stocks while dollar strength tumbled.
Skew noted that barring energy, food and trade services, the index was “basically flat” and less of a surprise to markets. The US Dollar Index was down 0.35% on July 12 at the time of writing, headed toward its lowest levels in over a month.
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