#USSeptemberPPIRisesTo6.3%
đŸ‡ș🇾 US PPI

📈 Actual PPI: 6.3% annually.


🔼 Expected: 5.3%.

📊 Previous: 5.6%.

⛜ Main reason: Rising fuel and energy prices.

🏩 Fed impact: The US Federal Reserve may keep rates higher for longer.$PYTH

₿ Impact on crypto

🔮 Bitcoin: More downside pressure is possible.

📉 ETH and altcoins: Could also face selling.$ETH

⚠ Market risk: Higher inflation can reduce expectations of interest-rate cuts.$AVA

Bitcoin briefly fell below $80,000 after the report, then recovered toward $81,000–$82,000 in reported trading.

Bottom line: The PPI report is bearish for crypto in the short term, but prices can still rebound.
#PPI #ETH #BTC