#USPPIMissMayEaseBTCPressure
October PPI increased 0.3% month over month against the 0.4% forecast. However, annual PPI reached 6.5%, showing inflation remains elevated.
A small inflation relief is positive, but Bitcoin needs sustained cooling inflation and a more supportive Fed outlook for a meaningful recovery. #Mahanadi
October PPI increased 0.3% month over month against the 0.4% forecast. However, annual PPI reached 6.5%, showing inflation remains elevated.
A small inflation relief is positive, but Bitcoin needs sustained cooling inflation and a more supportive Fed outlook for a meaningful recovery. #Mahanadi
