#MarketTurbulence
The cryptocurrency market shows signs of fragility after liquidations worth $1 billion due to an unexpected rise in the Producer Price Index (PPI). The price of Bitcoin briefly fell below $112,000 as traders adjusted their positions, while Ethereum exchange-traded funds saw strong inflows of $729 million despite the market turmoil. The market's sensitivity to macroeconomic indicators highlights the increasing correlation between cryptocurrencies and traditional markets.
💬 Do you think investors should change the way they manage risk as cryptocurrencies become more like traditional markets, or do you see this as an opportunity to profit from new market opportunities?
