PPI Release Looms: US Data May Trigger Whipsaw Effect on Bitcoin

Markets are bracing for the release of the July US Producer Price Index (PPI) data at 8:30 A.M. ET (6:00 P.M. IST), which could have a significant impact on Bitcoin's price, with the cryptocurrency trading near $63,847 as of August 13, 2026.

The PPI release has the potential to shift Fed rate expectations and the dollar, potentially triggering volatile crypto moves, including a possible whipsaw effect for Bitcoin.

Indian traders face an additional layer of complexity with the USD/INR risk, which could alter the final BTC-INR return, making it a three-way trade where even getting the US macro call right may not guarantee accurate returns.