Bitcoin jumps to $113k as US producer prices shock with surprise August drop

US producer prices fell in August, reinforcing a weaker inflation outlook just a day after major revisions showed US employment levels overstated by nearly one million jobs. The Bureau of Labor Statistics reported that the Producer Price Index declined 0. 1 percent on the month, below forecasts for a 0. 4 percent increase source: https://cryptoslate.com/insights/bitcoin-jumps-to-113k-as-us-producer-prices-shock-with-surprise-august-drop/