Bitcoin Faces Another Test Today: US PPI 📊🇺🇸
After yesterday’s CPI came in at 3.4% YoY, attention is now shifting to today’s US PPI report.
$BTC is still trading around the $63K–$64K area, and the PPI could bring another wave of volatility as traders look for clues about inflation and future Fed policy.
A hotter-than-expected PPI could put pressure on risk assets, while a softer number could improve sentiment across crypto.
The big question is: will PPI finally give Bitcoin the catalyst for a breakout?
I’m watching $BTC closely today. 👀
Bullish 🟢 or bearish 🔴 after PPI?
#Bitcoin #BTC #Crypto #PPI #MarketUpdate
After yesterday’s CPI came in at 3.4% YoY, attention is now shifting to today’s US PPI report.
$BTC is still trading around the $63K–$64K area, and the PPI could bring another wave of volatility as traders look for clues about inflation and future Fed policy.
A hotter-than-expected PPI could put pressure on risk assets, while a softer number could improve sentiment across crypto.
The big question is: will PPI finally give Bitcoin the catalyst for a breakout?
I’m watching $BTC closely today. 👀
Bullish 🟢 or bearish 🔴 after PPI?
#Bitcoin #BTC #Crypto #PPI #MarketUpdate