Analysis: US PPI data exceeds expectations and strengthens, Bitcoin may face downside risk

CoinNetwork · 2026-02-27T14:30:22+00:00

U.S. January Producer Price Index exceeded expectations, pushing Bitcoin price down nearly 3% at one point, currently around $66,178. Market expectations for Federal Reserve rate cuts have fallen below 4%, while gold and silver prices have risen. Bitcoin has declined nearly 17% this month, facing its fifth consecutive month of decline.

CoinNetwork

2026-02-27 14:30:22

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CoinWorld.net, February 27 — U.S. January Producer Price Index (PPI) data exceeded expectations, rising 0.5% month-over-month (vs. 0.3% expected), with core PPI up 0.8% (vs. 0.3% expected). As a result, Bitcoin prices came under pressure, dropping nearly 3% intraday, currently hovering around $66,178. Market expectations for a rate cut by the Federal Reserve in March have fallen below 4%. Meanwhile, safe-haven assets performed strongly, with gold breaking above $5,200 per ounce, reaching a new high since late January; silver rebounded to $92, the highest level since January 30. Traders and analysts warn that Bitcoin may repeat last month’s trend, when BTC/USD briefly fell to a 15-month low of $59,000. Data shows Bitcoin has declined nearly 17% this month, marking its fifth consecutive month of decline — the first time since 2018.

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