Bitcoin (BTC) surpassed $76,000 on April 14 after the Bureau of Labor Statistics revealed that March's producer prices were well below Wall Street's estimates.

The data represented a strong reversal after months of wholesale inflation above expectations, boosting risk assets and pushing BTC beyond an important institutional level.

March: PPI below forecasts across all metrics

The Producer Price Index (PPI) for final demand rose 0.5% in March, well below the consensus forecast of 1.1%. The core PPI, which excludes food and energy, increased by only 0.1% compared to an estimate of 0.4%.

PPI 0.5% MoM, Exp. 1.1%
PPI Core 0.1% MoM, Exp 0.4%

PPI 4.0% YoY, Exp. 4.6%
PPI Core 3.8% YoY, Exp. 4.1%

— zerohedge (@zerohedge) April 14, 2026

In the annual comparison, the overall PPI recorded 4.0% against a projection of 4.6%. The core registered 3.8%, also lower than the forecast of 4.1%, according to projections.

The surprising result came after high readings in January and February, which fueled stagflation concerns in the macro and crypto markets.

The energy sector led the price increase. Final demand energy values rose by 8.5%, with gasoline up by 15.7%. Meanwhile, food prices fell by 0.3% and goods, excluding food and energy, increased by only 0.2%.

Bitcoin surpassed the level of $75,000 and reached an intraday high of $76,038. At the time of this report, BTC was trading at $75,335, up nearly 5% in the last 24 hours.

Investment in BTC from Strategy becomes profitable

The appreciation movement was significant beyond the spot market. The rise of BTC to $76,038 exceeded the average purchase price of Strategy, close to $75,580 per unit, making the entire company's position profitable for the first time since the end of March.

Strategy holds about 780.897 BTC, making it the largest corporate Bitcoin investor in the world. The company's shares (MSTR) rose 6.97% in the session to $141.58, while the Bitcoin reserve now has a market value of over $58.9 billion.

The company continued to buy even during the volatility of April, adding 4,871 BTC between April 1st and 5th, at an average price of $67,718 per unit.

This strategy of buying on dips reduced the average acquisition cost and contributed to a quicker return to profitability of the portfolio.

Now, traders are watching the retail sales report, expected on Wednesday, and the upcoming comments from the Federal Reserve, looking for signs about the potential continuation of lower consumer inflation and possible interest rate cuts.

If the March CPI follows the decline of the PPI, the expectation for a change in posture from the Fed in the middle of the year may gain momentum.

The article Bitcoin surpasses $76,000 after surprise in the US index was first seen on BeInCrypto Brazil.