BTC Stalls After Soft US PPI as Rupee Nears ₹95.5: BTC Dip for Indian Traders?
- US PPI came in flat at 0.0% MoM versus +0.2% expected, but Bitcoin stalled and failed to break higher levels.
- USD/INR nears ₹95.5, as the weaker rupee cushions any BTC/USD weakness and keeps BTC-INR expensive.
- Indian traders should watch whether further dollar BTC dips translate into cheaper Bitcoin in rupee terms.
The U.S. Producer Price Index (PPI) came in flat at 0.0% Month-over-Month, falling short of the expected +0.2%, while USD/INR held steady in the ₹95.30–₹95.50 range. The softer wholesale inflation data would normally put the dollar under pressure, but the rupee was limited by other structural and regional factors.
US PPI at 0.0% Versus +0.2% Expected, But Bitcoin Stalls
On August 13, 2026, the U.S. Bureau of Labor Statistics released July 2026 PPI data showing wholesale prices unchanged at 0.0% MoM. This came in softer than the +0.2% consens…
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