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Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

cryptoweekly by cryptoweekly
April 11, 2025
in bitcoin, News
0

Developing bull market signals could continue to boost Bitcoin prices despite the tense atmosphere of the US trade war.

Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $83,245 as US Producer Price Index (PPI) data came in below expectations.

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Recent Posts
  • Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
  • Competition heats up as crypto exchanges vie for European market
  • Deutsche Bank to launch crypto custody accounts in 2026: Report
  • UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC
  • Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast
  • Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
  • Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him

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