Summary

  • U.S. PPI rose 6.5% in October, below the 6.6% forecast.

  • Around US$39 million worth of crypto asset short positions were liquidated in one hour.

  • US$52 million worth of Bitcoin shorts are now less than 2% away from forced exit.

Read the original article Cooler U.S. PPI Surprises US$52 Million Bitcoin Bear Trader by Lockridge Okoth on id.beincrypto.com