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Bitcoin Dips on PPI Shock but Eyes Bullish Golden Cross Breakout

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin pulled back to $77,323 amid hot PPI data and rising Treasury yields, but underlying technicals remain constructive.
  • An approaching golden cross of the 50-day and 200-day EMAs, paired with robust institutional ETF inflows, suggests resilience and potential upside once immediate macro volatility clears.
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BTCUSD price history

75867.49 +15.41% over the displayed period

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