#LINK and $ALICE are both trending on CMC, but the bigger thing I’m watching is the macro backdrop.
July PPI holding at 4.9% YoY suggests inflation is cooling, which could give risk assets some room to breathe.
Still, I’d rather watch how the market reacts than assume the headline means risk-on.
Interesting setup to keep watching.
#PPI #Crypto
$BTC
July PPI holding at 4.9% YoY suggests inflation is cooling, which could give risk assets some room to breathe.
Still, I’d rather watch how the market reacts than assume the headline means risk-on.
Interesting setup to keep watching.
#PPI #Crypto
$BTC