The macro picture has changed: “U.S. PPI posts its biggest increase since 2022 as energy shock continues to feed through”
The news is relatively positive, which could improve risk appetite and typically benefit crypto assets. However, expectations are often priced in early, and prices may pull back after the news is confirmed.
$BTC is currently at 81400—worth keeping an eye on.
This view may be wrong. Trade at your own risk.
The news is relatively positive, which could improve risk appetite and typically benefit crypto assets. However, expectations are often priced in early, and prices may pull back after the news is confirmed.
$BTC is currently at 81400—worth keeping an eye on.
This view may be wrong. Trade at your own risk.