Bitcoin Price Tags $97k Despite High Ppi Inflation On No Us Tariff... (2026)

Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data.

Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation.

Bitcoin reaches fresh eight-week highs, shrugging off high US PPI inflation data for November.

The Supreme Court does not issue a ruling on international trade tariffs.

BTC price must close the week above $93,500 to repeat April 2025-style bull run.

Data from TradingView showed BTC price action on the rebound after consolidating gains from the day prior.

With buying power back during US TradFi trading sessions, BTC/USD diverged from stocks after Producer Price Index (PPI) inflation data came in considerably above expectations.

As confirmed by the Bureau of Labor Statistics (BLS), PPI and core PPI for November 2025 came in at 3% against an anticipated 2.7%.

“The November increase in prices for final demand can be traced to a 0.9-percent advance in the index for final demand goods. Prices for final demand services were unchanged,” an official statement read.

Higher inflation implies stricter economic policy reactions from the Federal Reserve and less liquidity available for crypto and risk assets as a result.

Source: CoinTelegraph