Bitcoin Slips Under $73,000 After February US PPI Tops Forecasts at 3.4%

Bitcoin fell below the $73,000 level after a stronger-than-expected February US Producer Price Index report unsettled risk markets. February headline PPI rose 0.7% m/m and 3.4% y/y, while core PPI increased 0.5% m/m and 3.9% y/y. Traders are now focused on the Fed's policy statement, Powell's press conference, and any shift in the dot plot for 2026 rate-cut expectations.