Bitcoin's Price Raises Concern As Market Stands Divided On Upcoming Interest Rate Hike

An unexpected drop in wholesale prices was seen in February, which provides some hopeful news regarding inflation at a time when the Federal Reserve is weighing its next step with regard to interest rates. According to a report that was released by the Labor Department on Wednesday, producer price increases (PPI) fell to an annual pace of 4.6% in February, which is a considerable decrease from 6% in January.