#HotJulyPPI

🔥 Hot July PPI – A New Signal for Inflation! 📊💵

The PPI (Producer Price Index) data for July has arrived, and the numbers are heating up the market!

PPI is an index of the production costs for manufacturers, which serves as a strong indicator of future inflation.

💡 What Does It Mean?

If PPI is high → prices of goods may rise in the future.

If PPI is low → inflationary pressure may decrease.

📈 Crypto Market Reaction:

High PPI = Strong dollar, crypto may be under pressure in the short term.

Low PPI = Weak dollar, crypto may pump upwards.

⚠ Pro Tip: Always check the charts for BTC & ETH against economic data, as these indicators can bring short-term volatility.$BTC

#PPI #crypto #Inflation #Binance