#Inflation
💥 $420 million liquidations in 20 minutes — what the inflation shock says about Bitcoin and Ethereum
Within minutes of the release of US inflation data, the crypto market was hit by a wave of liquidations worth $420 million. The reason is that the Producer Price Index (PPI) for July increased by 0.9% m/m, significantly higher than expectations.
📉 $BTC fell by more than 2%, $ETH — easier, but also in the red.
💣 Leverage positions in derivatives became the main victims — traders did not have time to adapt to the new macro picture.
What this means:
1. Crypto vulnerability to macroeconomics — BTC and ETH react to inflation data as nervously as stock indices.
2. High level of speculation — record leverage at the moment leads to instant cascading liquidations.
3. Lack of a “safe haven” — even during high inflation, investors are in no hurry to hold BTC as a “safe haven.”
⚠️ Conclusion: Until the Fed lowers rates and inflation data stabilizes, the crypto will remain very sensitive to any macro news.