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What is the impact of this on the value of major cryptos like $BTC and $ETH?

Investidor Matuto

Probability of a Fed rate cut in September drops from 100% to 92.7% after the US PPI comes in above expectations. A 50 bp cut now has a 0% chance, and the possibility of maintaining the rate increases.

#fed #rates #economy #ppi #inflation #markets #investments #trading

#HotJulyPPI

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BTC

68,615.73

-0.70%

ETH

2,008.79

-1.24%

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What is the impact of this on the value of major cryptos like $BTC and $ETH?