#MarketTurbulence The turbulence of the market is an integral part of investing and brings with it opportunities.
These fluctuations can be better managed with long-term investment plans and diversified portfolios.
#MarketTurbulence 📉 Crypto market under pressure: $1B in liquidations after PPI surprise
The crypto world experienced an unexpected jolt: a larger-than-expected increase in the Producer Price Index (PPI) triggered over $1 billion in liquidations.
Bitcoin briefly fell below $112,000 as traders adjusted positions.
Ethereum surprised: despite the turmoil, its ETFs recorded massive inflows of $729M, showing that some investors saw the drop as an opportunity.
💡 Why does the PPI matter?
A higher PPI can indicate inflation on the way, leading markets (including cryptos) to react as stock markets or gold do: adjusting risks and seeking safe-haven assets.$ETH
