Phil Jasperse

The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI). Bitcoin briefly dipped below $112,000 as traders adjusted positions, while Ethereum ETFs saw strong inflows of $729 million despite the market turbulence. The market's sensitivity to macroeconomic indicators highlights the growing correlation between crypto and traditional markets.  💬 Do you think investors should change how they manage risks because crypto is acting more like traditional markets or do you see this more as a chance to make profits from new market opportunities? 👉 Complete daily tasks on Task Center to earn Binance Points:   •  Create a post using ##MarketTurbulence ,   •  Share your Trader’s Profile,   •  Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-08-15 06:00 (UTC) to 2025-08-16 06:00 (UTC)