🚨🇺🇸 US ECONOMIC DATA DROPS – BULLISH VIBES FOR CRYPTO? 🚨
◻️ Core PPI: 0% previous vs 0.2% expected 📊
◻️ Unemployment Claims: 226K previous vs 225K expected
💠 PPI (Producer Price Index) → Tracks price changes from producers. Low numbers mean less inflation pressure → the Fed could stay dovish → more liquidity in the market.
💠 Initial Jobless Claims → First-time unemployment benefit requests. Slightly higher claims can push the Fed toward easier policy → risk assets like crypto love that!
📌 Why it matters → Softer inflation + a cooler job market = less chance of rate hikes, more money flowing into markets, and potential fuel for the next crypto leg up.
⚡ VOLATILITY INCOMING… BUT THIS TIME, THE BULLS MIGHT RUN WITH IT! 🐂💥