#HotJulyPPI July’s Producer Price Index (PPI) surged beyond expectations, signaling stronger inflationary pressures in the U.S. economy. The hotter-than-forecast data reignites concerns that the Fed may keep interest rates higher for longer, weighing on traditional markets. While equities saw volatility, crypto traders are closely watching Bitcoin and Ethereum’s resilience amid macro uncertainty. A persistently high PPI could reinforce demand for decentralized assets as a hedge against inflation. Market participants now await further economic data for clues on the Fed’s policy path, but the spotlight remains on crypto’s role as an alternative in uncertain times.
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