ppi

$BTC $ETH $BNB
📊 Market Movement & Price Action:
• Crypto markets slid sharply following hotter than expected U.S. Producer Price Index (PPI) data. This dampened hopes for a near term Fed rate cut and sent prices lower across the board Bitcoin dropped 3–3.9% to just below $119K, Ethereum slipped to around $4.5K, and XRP plummeted by 6%.
• That selloff triggered over $1 billion in leveraged long liquidations a healthy pullback according to analysts, not necessarily signaling a market reversal.
• Inspect (INSP) broke out amid the gloom, soaring 17% to around $0.0375 standing out even as the wider market faltered.