📉 The U.S. PPI rises +0.9% in July, much higher than expect

📉 The U.S. PPI rises +0.9% in July, much higher than expected. Less likelihood of Fed rate cuts = less liquidity 💵. Result: overall drop in cryptocurrencies and risk markets. #crypto  

📉 The U.S. PPI rises +0.9% in July, much higher than expected. Less likelihood of Fed rate cuts = less liquidity 💵. Result: overall drop in cryptocurrencies and risk markets.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}📉 The U.S. PPI rises +0.9% in July, much higher than expected. Less likelihood of Fed rate cuts = less liquidity 💵. Result: overall drop in cryptocurrencies and risk markets.

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📉 The U.S. PPI rises +0.9% in July, much higher than expected. Less likelihood of Fed rate cuts = less liquidity 💵. Result: overall drop in cryptocurrencies and risk markets.