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Producer-level inflation was lower than expected yesterday and caused a significant spike in the price of most cryptocurrencies, including Bitcoin (BTC), as it means that market conditions continue to favor a bullish outlook.
The Producer Price Index (PPI) dropped by 0.1% in August, while analysts expected a 0.3% increase. This means that price increases are contained in the economy despite the latest aggressive trade policies implemented by the Trump administration.
BTC has jumped by 2.4% in the past 7 days, primarily boosted by yesterday’s 2.2% increase. The token briefly surpassed the $114,000 mark but has now retreated below this level during today’s session.
Data from Farside Investors shows that investors poured $742 million into BTC spot exchange-traded funds (ETFs) yesterday, indicating that market participants favor a bullish Bitcoin price prediction.
Meanwhile, August’s consumer price index (CPI) readings were in line with analysts’ expectations. The annualized print stood at 2.9% – up 20 basis points compared to last month – while core inflation stood at 3.1%, the same as July and in line with the consensus estimate for the period.
Since the week started, Bitcoin ETFs have brought in $1.13 billion. This kind of inflow at a point when BTC is not rallying indicates ongoing accumulation by either retail or institutional investors. Hence, this could set the stage for a big move as demand remains strong.
Bitcoin Bounces Off Key Support and Sets The Stage for Next Leg Up
The daily chart shows that BTC has bounced strongly off the $108,000 level. This was a former area of resistance that has now turned into support, indicating a successful retest after a much-needed pullback.
BTC continues to be in an uptrend as a result of this move, and the market could be setting its eyes on the $120,000 level, especially as market conditions keep improving. The Federal Reserve’s interest rate decision is already priced in but comments from Chairman Jerome Powell are not.
Hence, if his comments are more dovish than analysts expected during next week’s FOMC meeting, that could result in a significant spike in the price of high-risk assets like crypto. This asset class rises when interest rates are low as investors chase higher yields.
In this environment we could easily envision BTC rising past the $130,000 mark and making a new all-time high. Most positive catalysts are already there; one tiny spark can set off the beginning of the next leg up.
One potential driver that could unchain BTC at this point would be the White House’s definitive step to allow 401(k) holders to add cryptos to their retirement portfolios. That would unlock billions of dollars that can flow to this ecosystem.
In the meantime, the best Bitcoin-linked crypto presales like Bitcoin Hyper ($HYPER) will benefit from the positive momentum that the top crypto is experiencing. This project has raised more than $15 million already to create a Solana-powered DeFi ecosystem that BTC holders can use to safely produce passive income from their investment.
Bitcoin Hyper ($HYPER) Smashes $10M Presale – BTCFi Just Leveled Up
Bitcoin Hyper ($HYPER) isn’t just another ICO flex – it’s already pulled in $15M, making it one of the hottest launches this cycle.
With the Hyper Bridge, BTC holders can teleport their coins into a Solana-powered L2 where staking, lending, and yield farming can finally make Bitcoin more than just digital gold. Fast, cheap, and plugged straight into DeFi – no middlemen, no nonsense.
This could kick off a new era of true BTCFi, pulling billions into an ecosystem that actually puts Bitcoin to work. And $HYPER is the gas that keeps it running.
As top wallets and exchanges embrace this solution, the demand for its utility token could skyrocket, and you can scoop up this token at its discounted presale price before the next increase – and while the event lasts.
The presale price sits at $0.012755, but momentum is building fast. To grab your stack, hit the Bitcoin Hyper website, connect your wallet, and swap USDT, ETH, or even swipe your card.
