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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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  • Thailand to block Bybit, OKX and other crypto exchanges on June 28
  • Bitcoin bull market 'great validator' comes as James Wynn loses $100M
  • OpenSea expands beyond NFTs with OS2 public rollout
  • India to drop a crypto regulation paper in June
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  • Decentralized AI favored by majority of Americans: DCG poll
  • Bitcoin eyes ‘healthy pause’ around $106K before price picks up steam

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