Bitcoin Surges Past $65,000 as US June PPI Data Beats Expectations
2026-07-15 21:42

Woofun AI data shows that the U.S. Bureau of Labor Statistics reported a June Producer Price Index of 5.5%, falling short of market forecasts and previous levels. This economic indicator triggered immediate rallies in equity futures, digital assets, and precious metals, while the U.S. dollar index and Treasury yields declined. Bitcoin climbed from approximately $64,989 to a session peak of $65,494, securing its first recent breach above the $65,000 threshold. Over the preceding week, BTC appreciated by more than 5%, whereas ETH advanced over 10%.

Meanwhile, Brent crude held near $84 and WTI settled around $79.54 amid Strait of Hormuz tensions, with gold fluctuating between $4,050 and $4,064.

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