$BTC -3%, $ETH -5%, $XRP -5%, $SOL -5%, $ZEC -11%
Why? A triple hit:
1️⃣ Hot CPI yesterday
2️⃣ Even hotter PPI today (monthly +1.3% vs 0.6% expected)
3️⃣ AI-stock selloff dragging Nasdaq down
Result: ~$1B in leveraged bets liquidated. US spot BTC ETFs also lost ~$261M on Wednesday.
Are you buying this dip or staying in cash? 👇
#Bitcoin #BinanceSquare #CryptoNews #Crypto #PPI
Why? A triple hit:
1️⃣ Hot CPI yesterday
2️⃣ Even hotter PPI today (monthly +1.3% vs 0.6% expected)
3️⃣ AI-stock selloff dragging Nasdaq down
Result: ~$1B in leveraged bets liquidated. US spot BTC ETFs also lost ~$261M on Wednesday.
Are you buying this dip or staying in cash? 👇
#Bitcoin #BinanceSquare #CryptoNews #Crypto #PPI