🟠 $BTC
U.S. PPI rose to 2.6%, with Core PPI at 3.0% — both slightly below expectations.
Cooling inflation could strengthen the case for Fed rate cuts, improving risk appetite and fueling bullish momentum across crypto markets.
🪙 Bitcoin (BTC) remains above key support levels, showing resilience amid macro uncertainty.
Lower inflation also reduces pressure on the U.S. dollar, making BTC more attractive to global investors.
Markets are now pricing in a higher chance of a rate cut by September, as inflation appears to be moderating.
Institutional demand for BTC continues to rise, supported by ETF inflows and a dovish Fed outlook.