In the United States, the producer price index (PPI) for May fell short of expectations, leading to a rise in the U.S. stock market, while most virtual assets experienced a decline.
At 7:50 a.m. on the 13th, Bitcoin was trading at $105,806, down 2.42% from the previous day, according to the global virtual asset market tracking site CoinMarketCap. The decline in altcoins was even greater. Ethereum dropped 4.44% to $2,638, while Ripple recorded a decrease of 3.26% to $2.18.
Earlier, the U.S. PPI for May rose by 0.1% compared to the previous month, falling below market expectations. This figure was lower than Bloomberg's housing market forecast of 0.2%. The core PPI, excluding food and energy, also increased by only 0.1%.
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