Yesterday, affected by the positive US CPI data, the cryptocurrency leader Bitcoin once broke through the $69,000 mark, but after the Fed announced its interest rate decision in the evening and Fed Chairman Powell gave a speech, Bitcoin once fell back to the $67,000 mark.

While BTC fluctuated violently during the day, the US Producer Price Index (PPI) data was also released today.

The data are as follows:

Core Producer Price Index (monthly): 0.0% announced - expected 0.3% - previous value 0.5%

Core Producer Price Index (annual): 2.3% announced - expected 2.4% - previous value 2.4%

Producer Price Index (monthly): -0.2% announced - expected 0.1% - previous value 0.5%

Producer Price Index (annual): 2.2% announced - expected 2.5% - previous value 2.2%

In addition to the PPI data, the number of applicants for unemployment benefits was also announced.

Unemployment benefit claims: 242,000 announced - 225,000 expected - 229,000 previously

After the PPI data was released, the first reaction of Bitcoin (BTC) and the US dollar (DXY) is as shown below.

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