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📉 Crypto unexpectedly plummets!
The market was just hit with a "cold shower" as the U.S. PPI (Producer Price Index) announced today came in much higher than expected.
This raises concerns that inflation may be more persistent, leading the FED to possibly maintain high interest rates for a longer period.
The result? BTC, ETH, and most altcoins are all in the red, with strong liquidity being dumped across the market.
⚠️ Volatility may continue – manage your risk tightly!
🇺🇸 English
📉 Crypto Takes a Sharp Dive!
The market just got hit hard as U.S. PPI (Producer Price Index) for today came in much higher than expected.
This fuels concerns that inflation may remain sticky, pushing the FED to keep interest rates higher for longer.
The result? BTC, ETH, and most altcoins are plunging, with heavy sell-offs sweeping across the market.
⚠️ Volatility may continue – manage your risk wisely!