#DeepCreationCamp The leading cryptocurrency Bitcoin (BTC) and altcoins experienced a rapid recovery, but this rebound has halted.

Yesterday, progress was reported in the US-Iran talks held in Geneva, Switzerland, but statements indicating ongoing disagreements on some issues continue to unsettle investors.

At this point, the lack of a positive concrete outcome from the US-Iran talks keeps concerns about rising geopolitical risks alive, while also deterring investors from risky assets like Bitcoin.

While investors expect the Fed to cut interest rates twice this year, data closely monitored by the Fed when making decisions, the US Producer Price Index ((PPI)), has been released.

The announced data are as follows:
Core Producer Price Index (Monthly): Actual 0.8% – Expectation 0.3% – Previous 0.7%

Core Producer Price Index (Yearly): Actual 3.6% – Expectation 3.0% – Previous 3.3%

Producer Price Index (Monthly): Actual 0.5% – Expectation 0.3% – Previous 0.5%

Producer Price Index (Yearly): Actual 2.9% – Expectation 2.6% – Previous 3.0%

INVESTMENT ADVISORY NOT RECOMMENDED

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