#HotJulyPPI
🔥📊
With the release of data #HotJulyPPI (Producer Price Index for July), the entire market is focused on the impact of the numbers on inflation and the upcoming Federal policy 👀.
🔹 PPI data gives us a clear glimpse of costs at the producers, which directly reflects on consumer prices.
🔹 Any significant increase could mean continued inflationary pressures ➝ more stringent Federal decisions.
🔹 However, if the numbers are below expectations ➝ the market breathes, and liquidity returns to high-risk assets like crypto 🚀.
👨💻 In the trading world, information is your strongest weapon.
Do you expect the impact of #HotJulyPPI to be bullish or bearish on Bitcoin and the rest of the market? 🤔
