PPI Shock: Market Poised for a Bullish Surge ๐
The latest Producer Price Index (PPI) data is inโ2.7%, edging higher than last monthโs 2.6%. Hereโs why this matters: rising PPI often signals inflationary pressure, which historically fuels bullish sentiment in risk-on assets like crypto.
With this uptick, the market is gearing up for potential upward momentum. Watch $BTC, $ETH, and $SOL closely as they could lead the charge in this anticipated rally.
Disclaimer: Not financial advice.
#CryptoMarket #Bitcoin #Bullish ๐

BTCUSDT
Perp
92,307.5
+1.60%

ETHUSDT
Perp
3,070.61
+2.51%

SOLUSDT
Perp
142.13
+0.60%