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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
  • Trump sidesteps question on crypto divesting to pass key bills
  • Aptos sees surge in tokenized assets as asset managers go onchain
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  • Price predictions 6/27: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, BCH, LINK
  • Bitcoin builds energy for new highs as US stagflation risk, tariff war, Fed rate cuts loom
  • Crypto Biz: Bitcoin, treasuries and the stablecoin surge
  • Trump's World Liberty Financial signs partnership deal with London hedge fund

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