đš CRYPTO HOLDERS, PAY ATTENTION
US PPI drops today at 8:30 AM ET, and this could bring some serious volatility to crypto. The market is looking for 4.9%, down from last monthâs 5.5%.
Hereâs the simple game plan:
đą Below 4.9% â Inflation is cooling faster than expected. Risk assets could catch a strong bid.
đĄ Around 4.9% â Mostly in line. We could see a modest reaction, especially since it would still be a big step down from 5.5%.
đŽ Above 4.9% â Hotter inflation could push rate-cut hopes lower and put pressure on BTC and the rest of crypto.
This isnât just another economic number. PPI gives the market another clue about where inflation is heading and how the Fed may react.
The surprise matters more than the headline.
Buckle up. The next few minutes after the release could get wild.
US PPI drops today at 8:30 AM ET, and this could bring some serious volatility to crypto. The market is looking for 4.9%, down from last monthâs 5.5%.
Hereâs the simple game plan:
đą Below 4.9% â Inflation is cooling faster than expected. Risk assets could catch a strong bid.
đĄ Around 4.9% â Mostly in line. We could see a modest reaction, especially since it would still be a big step down from 5.5%.
đŽ Above 4.9% â Hotter inflation could push rate-cut hopes lower and put pressure on BTC and the rest of crypto.
This isnât just another economic number. PPI gives the market another clue about where inflation is heading and how the Fed may react.
The surprise matters more than the headline.
Buckle up. The next few minutes after the release could get wild.