๐ฅ #PPIShockwave: U.S. January PPI Surges 3.5% YoY! ๐๐
The latest Producer Price Index (PPI) data is out, and itโs hotter than expected:
๐ +3.5% YoYโBiggest jump since Feb 2023
๐ +0.4% MoM (vs. 0.3% expected)
๐ก What This Means for Bitcoin & Markets:
๐บ Higher Inflation โ Fed may delay rate cuts ๐ฆ
๐ DXY & Treasury Yields could spike, pressuring risk assets ๐ฐ
โก BTCโs role as an inflation hedge back in focus!
๐ Will this drive more volatility or push BTC higher? Letโs discuss! ๐ DO WELLTO LIKE AND FOLLOW๐
