Author
BBVA FX Team
BBVA Group
Nuestro departamento adapta el análisis económico a las necesidades de un grupo bancario recientemente internacionalizado, para responder al reto de evaluar desarrollos económicos cada vez más globalizados.
Bitcoin rose above the $65,000 mark on Wednesday after the latest US wholesale inflation data came in cooler than expected. The Producer Price Index fell 0.3% in June from the previous month, marking its largest monthly decline since April 2025. On an annual basis, headline PPI dropped to 5.5%, below economists' expectations of 6.2%.
The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May's 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.
