Market Update – PPI Released, CPI Coming Tomorrow!
Today, the Producer Price Index (PPI) data was released at 8:30 AM ET. The numbers came out neutral-to-positive, giving crypto a bullish push. Investors are anticipating that the Fed may keep interest rates steady, which supports risk-on assets like Bitcoin & altcoins.
Bitcoin (BTC) Live Update:
Current Price: ~$114,100
Intraday Range: $110,800 – $114,250
Market sentiment: Bullish momentum holding strong after PPI.
Tomorrow’s Big Event – CPI (Consumer Price Index)
Release Time: 8:30 AM ET
If CPI < expectations → More upside for Bitcoin & altcoins
If CPI > expectations → Short-term dip is possible
Coins to Watch Before CPI:
Bitcoin ($BTC ) → Leading the rally; strong bullish momentum.
Solana ($SOL ) → High trading interest; strong network fundamentals.
Chainlink ($LINK ) → Strong oracle demand; benefits from bullish macro trends.
Takeaway:
The market already pumped today after PPI, but tomorrow’s CPI will decide the real trend. Positioning smartly in strong assets today could give solid gains if CPI comes in favorable.
