#Index

🇺🇸 US Producer Price Index rises to 3.3%, hitting crypto market

The latest PPI (Producer Price Index) data for July showed a growth of +3.3% y/y, which exceeded analysts’ forecast (+3.1%). This indicates that inflationary pressures in the US remain high, and the Fed may maintain tight monetary policy for longer.

📉 Market reaction:

• $BTC fell by more than 2%

• $ETH also in the “red zone”

• Derivatives liquidations exceeded $1 billion in a day

💡 Why is this important for crypto?

A higher PPI means that producer spending is increasing, and this could affect consumer prices (CPI) in the coming months. Investors expect the Fed to be more cautious with easing policy, which reduces appetite for risky assets, including cryptocurrencies.

📊 Conclusion: Macro data once again reminds us that the crypto market is very sensitive to signals about inflation and the Fed rate.