BTC Falls Below $66K After U.S. PPI Rises to 2.9%
Bitcoin traded under $66,000 after the U.S. Producer Price Index for January rose 2.9% year‑over‑year, exceeding forecasts; the release coincided with roughly a 3% intraday decline in BTC prices reported across markets [1][3][6].
Core PPI (excluding food and energy) came in at 3.6% year‑over‑year, above consensus, and coverage said the hotter-than-expected PPI intensified inflation concerns and placed new pressure on crypto market liquidity and risk assets [3][2][1].
The data also supported gains in traditional safe havens such as gold and spurred commentary that shifts in rate‑cut expectations and upcoming macro prints will be closely watched by market participants [4][3].
Reports noted that traders will monitor the next PPI release on March 18 and broader rate expectations for further directional impact on bitcoin and other cryptocurrencies [3][2].
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Citations
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- 1BTC Price Falls Under $66K as US PPI Inflation Rises to 2.9%Coinpaper• Feb 27, 2026
- 2Crypto market at risk as US PPI report shows sticky inflation: Will BTC, SOL, ETH slide further?crypto.news• Feb 27, 2026
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- 4Bitcoin threatens new breakdown as US PPI sends gold to 1-month highCointelegraph• Feb 27, 2026
- 6Breaking: U.S. PPI Inflation Rises To 2.9%, BTC Price FallsCoinGape• Feb 27, 2026
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