US PPI just printed WAY hotter than expected — this is not good for risk assets
PPI m/m: 1.3% (expected 0.6%, prev 0.4%)
PPI y/y: 6.3% (beat estimates)
Core PPI m/m: 0.7% (expected 0.3%, prev 0.2%)
Energy costs are spiking hard and driving this inflation surge
Fed pivot hopes? Dead for now. Expect volatility across $BTC $ETH and alts as macro tightens
If you're levered, watch your stops — liquidity could get nasty fast
PPI m/m: 1.3% (expected 0.6%, prev 0.4%)
PPI y/y: 6.3% (beat estimates)
Core PPI m/m: 0.7% (expected 0.3%, prev 0.2%)
Energy costs are spiking hard and driving this inflation surge
Fed pivot hopes? Dead for now. Expect volatility across $BTC $ETH and alts as macro tightens
If you're levered, watch your stops — liquidity could get nasty fast