Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.
Bitcoin threatens new breakdown as US PPI sends gold to 1-month high
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AI INSIGHT
US Bureau of Labor Statistics reports hotter-than-expected producer price index on Feb. 27; spot gold climbs to a one-month high; Bitcoin (BTC) falls about 3% intraday.
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