Crypto markets rangebound as Bitcoin retreats below $104k; US PPI data eyed

Bitcoin price today, Thursday, May 15, 2025: Cryptocurrency markets remained largely range bound on Thursday as investors awaited the release of the US Producer Price Index (PPI) data, a key indicator that could influence near-term US Federal Reserve policy, analysts said.

The flagship cryptocurrency Bitcoin (BTC) recently tested the $105,700 level but has since retraced, now trading near $102,900 and encountering resistance around key technical zones.