Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

Developing bull market signals could continue to boost Bitcoin prices despite the tense atmosphere of the US trade war.

Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $83,245 as US Producer Price Index (PPI) data came in below expectations.

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