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Core PPI inflation jumped to 5.0%, the highest level since 2022.The core PPI reached 3.0% and has risen in four of the last five months.

rising inflation could increase interest in #cryptocurrencies as a safe investment.
Recent data suggests that inflation in the US may be on the rise again. According to new data, the Producer Price Index (PPI) rose to levels not seen in 15 years. If inflation starts to rise again, it could impact various financial markets, including cryptocurrencies.
The #core Producer Price Index (PPI) jumped to 5.0% in June, the highest level since 2022. This is a sharp increase, more than doubling in just six months. This inflation rate is higher than at any time in the past 15 years, except for the sharp increases seen in 2021 and 2022.
June, core PPI inflation (three-month annualized rate) jumped to 5.0%, the highest rate since 2022. This is the highest rate since 2022.
It is also higher than at any time in the past 15 years, except for 2021 and 2022.
Overall, core PPI inflation was 3.0% in June, reflecting a steady upward trend in four of the past five months. This increase indicates that inflationary pressures remain strong, even though several other inflation indicators are showing declines.
the Consumer Price Index (CPI), which reflects inflation at the consumer level, declined, while the core price index continues to rise. On the other hand, this difference indicates ongoing inflationary risks that need to be addressed.
the rise in the core price index could have several implications for the #cryptocurrency market. Historically, people have turned to cryptocurrencies like #BTC and #BTC as a way to protect their investments from inflation. When inflation rises, more investors buy cryptocurrencies, leading to higher cryptocurrency prices.
But rising inflation often leads to higher interest rates and tighter monetary policy.

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What is Tesla's trajectory in 2025 after the Trump enthusiasm subsides - Tokenist

Three weeks ago, we argued that Tesla's stock rise was temporary due to the Trump and Musk alliance. At the time, TSLA's stock price was $487 compared to $396 today.
however, #Tesla stock has returned 63% in three months. That's well above the 2.9% of the S&P 500 Index (SPX) and the 5.5% of the Nasdaq 100 Index (NDX) over the same period.
As with the Mimecoin #cryptocurrency , the hype is short-lived. Now that the reality of Trump's second term is settled, what should Tesla investors expect in 2025.
After numerous reviews, Tesla's Cybertruck electric pickup truck can be seen as a significant waste of resources. Not only was it not as good as other Tesla products, but it was overpriced.
Not only was the Cybertruck less reliable than expected, it also ate up the Land D's budget, putting Tesla off the path to affordable EVs. Most importantly, this comes at a time when Chinese EV manufacturers are expanding their operations and can offer EVs for under $BTC both the EU and the US want to switch from gasoline-powered cars to electric vehicles, but are doing their best to significantly delay the transition by imposing high tariffs on Chinese automakers. This has been a lifesaver for Tesla, as the Biden administration quadrupled such tariffs through 2024, and the tariff-oriented Trump administration is expected to raise tariffs further.
In other words, Tesla's cyber truck experiment got a reprieve thanks to tariffs. Tariffs have given Tesla's cyber truck experiment a reprieve. However, in the long run, Tesla will have to strengthen its #core business model with cheaper EV models. In addition, Tesla's reputation is largely based on its autonomous driving potential.
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However, there is still a lot of uncertainty as to when this will happen.

Read us at: Compass Investments
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