📊 Crypto Market Gains Momentum as U.S. PPI Inflation Falls to 2.3%

The crypto market is extending its rally following the latest U.S. Producer Price Index (PPI) report, which revealed a drop in inflation to 2.3%, coming in lower than expectations.

🔍 Why this matters:

⦿ Lower inflation strengthens the case for a potential Fed rate cut

⦿ Boosts market confidence in risk assets like Bitcoin, Ethereum, and altcoins

⦿ Signals a more favorable macro environment for crypto growth

📢 With cooling inflation and positive market sentiment, investors are now eyeing further upside across digital assets.

#CryptoMarket #Inflation #Bitcoin #PPI #FederalReserve

https://coingape.com/crypto-market-extends-gains-as-u-s-ppi-inflation-drops-to-2-3/?utm_source=bnb&utm_medium=coingape