#MarketTurbulence

The crypto market is exhibiting heightened volatility as macroeconomic shocks drive abrupt shifts: a spike in Producer Price Index (PPI) triggered over $1 billion in liquidations, briefly pushing Bitcoin below $112,000 amid risk-off sentiment. Simultaneously, Binance is observing a surge in Bitcoin deposits—often a precursory signal of potential short-term selling pressure. These developments, coupled with uncertainty around global inflation and regulatory developments, create a fragile environment that demands vigilance from traders. Amid the volatility, however, Binance CEO Richard Teng emphasizes that such market pullbacks are tactical retreats rather than signs of long-term reversals, underscoring crypto’s resilience.