🔥 Hot PPI Hits — Crypto Feels the Heat
U.S. PPI jumped 0.9% MoM and 3.3% YoY, smashing forecasts of 0.2% and 2.5%.
Within minutes, over $500M in crypto longs were liquidated as traders braced for fewer rate cuts.
• BTC slid from highs to ~$118K 📉
• ETH dropped ~2–4%
• Alts followed with broad pullbacks
💭 If inflation stays sticky, the next big crypto rally may have to wait for a fresh macro spark.
What’s your move — hold or wait for the reset?