More than $300 BILLION has been added to the US stock market in just 40 minutes. 🇺🇸📈
Meanwhile crypto markets are still under pressure. 📉 Stocks are reacting positively, but Bitcoin and altcoins continue to see heavy volatility after the latest inflation data.
This divergence between Wall Street and crypto is getting interesting. 👀
Markets expected 4.3% but inflation just came in MUCH hotter than forecast. 📈
🔥 US Core PPI: 5.2% 📊 Forecast: 4.3%
This could increase pressure on the Fed to keep rates higher for longer and volatility across crypto & stock markets may follow. Bitcoin, altcoins, gold, and equities are all watching the next move closely. 👀