๐จ US PPI Shock: Fed Concerns Spark Market Sell-Off โ Crypto & Binance Take a Hit! ๐
๐ Key Data (Aug 2025):
US PPI (MoM): +0.9% (vs. +0.2% expected)
Core PPI (MoM): +0.9% (vs. +0.2% expected)
US PPI (YoY): +3.3% (vs. +2.5% expected)
Core PPI (YoY): +3.7% (vs. +2.9% expected)
Jobless Claims: 224K (vs. 225K est.)
๐ Market Reaction:
US stock futures (Dow, S&P 500, Nasdaq) dropped ~0.3โ0.4%
Fed rate cut expectations for September dropped from 100% to ~94.5%
US Dollar & Treasury yields surged
Crypto markets took a sharp hit as traders adjusted to tighter Fed policies
๐จ Binance & Crypto Impact:
Bitcoin, Ethereum, and major altcoins saw a significant dip post-data release
Analysts predict that this hotter-than-expected PPI could delay any Fed easing, keeping markets under pressure in the short term
Stay ahead of the curve! ๐