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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent for the 12 months ended in April, the ...
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Bitcoin (BTC) gained 2.33% on Monday (May 13). Following a 1.00% rise on Sunday (May 12), BTC ended the session at $62,920. Investors brushed aside Hong Kong BTC-spot market flow data for Monday. According to Farside Investors, the HK BTC-spot ETF market faces a third consecutive day of net outflows. Based on flow data from AMC, the ChinaAMC Bitcoin ETF saw ...