Bitcoin preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,250 on Bitstamp. Amid a slowdown in volatility, U.S. Producer Price Inflation (PPI) data provided a timely hint that inflation was slowing faster than expected. Headline PPI came in at 2.7% year-on-year versus market expectations of 3% — an encouraging result for risk assets.