US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily building before they reach the consumer.

Bitcoin bides its time above $80,000 as stocks fail to rally on low inflation and three-year US Dollar Index lows.

“But like yesterday’s CPI report, today’s PPI data offer little comfort in the face of significant uncertainty, major trade policy changes and financial market turmoil.” Economists have ...