Source: BeInCrypto ↗

Cooler US PPI Catches a $52 Million Bitcoin Bear Off Guard

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What the source reports

US PPI data showed producer prices rising less than expected in October, and Bitcoin (BTC) jumped within minutes. The move caught bearish traders off guard, wiping out about $39 million in short bets within an hour, CoinGlass data shows. One trader who bet $52 million on a drop now sits under 2% from a forced The post Cooler US PPI Catches a $52 Million Bitcoin Bear Off Guard appeared first on BeI...

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Live market context

Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.

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