📉 US #PPI Falls – Crypto Eyes Fed Rate Cuts
April’s Producer Price Index (PPI) dropped sharply, signaling cooling inflation and sparking hopes for interest rate cuts.
🔹 PPI -0.5% MoM vs +0.2% expected
🔹 Core PPI also down, inflation easing
🔹 Bitcoin jumped post-CPI but slipped back below $102K
While crypto gains were short-lived, easing inflation boosts the case for Fed cuts — a bullish setup for $BTC and #Altcoin later in 2025.