US PPI Inflation Rises 4%, Bitcoin Price Jumps to $76,000

Data on US producer price inflation (PPI) for March officially increased to a level of 4%, recording the highest figure since Februari 2023. Although this figure is slightly below market expectations, inflationary pressure is still strongly felt, with Core PPI held back at 3.8%. This macroeconomic situation unexpectedly becomes a positive catalyst for the crypto market, where Bitcoin’s price jumps to $76,000.
​The sudden price surge triggers a wave of massive liquidations for traders taking short positions. According to on-chain data, total liquidations across the entire crypto market reached $444 million in the last 24 hours, with Bitcoin contributing the largest figure of $236 million. The very rapid breach of the $75,000 level proves that extreme volatility is still dominating the movement of digital assets amid uncertainty in AS monetary policy and global Geopolitik global conditions.