#MarketTurbulence Cryptocurrency Panic: $1 Billion Disappeared Because Someone Said Three Letters - PPI

An astonishing thing happened this week: $1 billion was wiped out in hours. And the reason was the American Producer Price Index, PPI, rising slightly more than expected. You didn't mishear. This wasn't an explosion at a mining farm, nor was it a bitcoin ban in some country, not even a tweet from Elon Musk. Simply put, a number came out in the report and traders lost their minds.

Bitcoin even managed to drop below $112,000, whereas not long ago we were told, "It won't drop below a hundred thousand." Yes, of course. They also told us that if wages increased at Starbucks, coffee prices wouldn't go up.

And so, while trying to remember who bitcoin is – whether it's the asset of the future or just a luxurious gold analog, the Ethereum ETF received an unexpected gift with a $729 million inflow. Institutions said: "Oh, panic? Great, we'll buy!".

Why is this important? Because previously, cryptocurrencies that were advertised independently of the system now react to macroeconomic news faster than the bond market. We live in a world where bitcoin fears inflation, while Ethereum rejoices when everyone is anxious.

And the main question is:

Is this the end of cryptocurrency romance, or the beginning of a new game?

If you ask old bitcoiners, they will say: "Just hold on." If you ask traders, they will say: "Set a stop and pray." Or to speculators: "Buy during panic and sell during euphoria, just like every good speculator has done in the last 300 years."