👉 PPI (MoM): 2.6% vs 3.3% expected – Inflation at the producer level cooled more than forecast.
👉 Core PPI (MoM): 2.8% vs 3.5% expected – Underlying inflation also softer.$ETH
✅ Impact: Both readings came in below expectations → Markets now see stronger odds of Fed rate cuts. Traders often turn bullish when PPI cools down.
🔥 $MITO: Holding strong with rising interest. Softer inflation could fuel fresh demand and create room for an upside breakout.
#Mitosis #Crypto #InflationData