Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’

Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’

Market Analysis
November 15, 2022 by secret
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[ad_1] Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Good” PPI boosts risk assets Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs. Volatility had returned