🔥 HOT: Bitcoin plummets after the Fed announces much higher-than-expected PPI figures


Actual data:
- Total PPI: 6.0% (expected only 4.9%)
- Core PPI (excluding food & energy): 5.2% (expected 4.3%)
→ The highest level in over 3 and a half years.
Yesterday #CPI đã nóng, hôm nay #PPI was even hotter → inflation is clearly turning upward again.
How did the market react?
- U.S. stocks sharply declined, especially Nasdaq (technology) plunged.
- U.S. bond yields increased → U.S. dollar strengthened.
- Gold prices rose as investors worry about stagflation (high inflation + slow growth).
- Bitcoin and short-term crypto face pressure (strong dollar + high interest rates), but are still supported by the story of “fiat currency losing value.”
Conclusion
#Fed is in a very difficult position. The possibility of aggressive interest rate cuts by the end of 2026 now seems uncertain. The market will continue to be highly volatile in the near future.
To sum up in one sentence:
Inflation remains hot → interest rates stay high longer → stocks and #crypto dễ “nhảy sóng”, vàng và #Bitcoin still have their reasons to be sought after in the long term.
#cryptoenthusiast
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