#CreatorPad has one wonderful thing: 1 billion dollars was liquidated in a few hours. All because the U.S. Producer Price Index, PPI, rose slightly above expectations. You heard that right. This is not an explosion at a mining farm, not a bitcoin ban in some country, and not even a tweet from Elon Musk. It's simply a number that appeared in the report, and traders lost their minds.

Bitcoin even managed to drop below 112,000 dollars, even though just recently we were told that "it won't go below 100,000 dollars." Oh yes, sure. And people also said that coffee wouldn't.