#USJulyCPI&PPIDueThisWeek
The Macro Test for Crypto ๐บ๐ธ๐
July CPI came in relatively soft: **+0.1% MoM**, while Core CPI rose **+0.2% MoM / 2.5% YoY**. That reduces some inflation pressure, but the Fed still has to watch whether price pressures re-accelerate.
Now the focus shifts to **PPI tomorrow**.
For crypto, the key signal is simple:
๐น **Soft CPI + soft PPI** โ stronger expectations for easier Fed policy โ potentially supportive for BTC/risk assets.
๐ธ **Hot PPI** โ inflation concerns return โ yields/USD could strengthen โ potentially pressure risk assets.
The real story isnโt just the headline number. **Core inflation + PPI trend + Fed expectations** will determine how the market interprets this data.
โ ๏ธ Expect volatility around the release. Macro data can move crypto fast in either direction.
#BTC #Crypto #Bitcoin #CPI #PPI #Fed #Macro
The Macro Test for Crypto ๐บ๐ธ๐
July CPI came in relatively soft: **+0.1% MoM**, while Core CPI rose **+0.2% MoM / 2.5% YoY**. That reduces some inflation pressure, but the Fed still has to watch whether price pressures re-accelerate.
Now the focus shifts to **PPI tomorrow**.
For crypto, the key signal is simple:
๐น **Soft CPI + soft PPI** โ stronger expectations for easier Fed policy โ potentially supportive for BTC/risk assets.
๐ธ **Hot PPI** โ inflation concerns return โ yields/USD could strengthen โ potentially pressure risk assets.
The real story isnโt just the headline number. **Core inflation + PPI trend + Fed expectations** will determine how the market interprets this data.
โ ๏ธ Expect volatility around the release. Macro data can move crypto fast in either direction.
#BTC #Crypto #Bitcoin #CPI #PPI #Fed #Macro