Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX By Cointelegraph

The United States producer price index (PPI) fell 0.5% for the month, which was much more than the 0.1% decline estimated by economists surveyed by Dow Jones. The largest monthly decline since April 2020 was also aided by a sharp drop in energy prices.

Another report showed that the retail sales data dropped 1.1% in December, a tad bit more than the anticipated 1% decrease.