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🚨Crypto traders, be careful today… July 15 can get messy .Don't Gamble
The main event today is US PPI inflation data at 12:30 PM UTC.
This one can move BTC fast.
Lower PPI = good for rate expectations and usually bullish for crypto
Higher PPI = inflation fear comes back, dollar can pump and crypto may get hit
Then at 2:00 PM UTC, Fed Chair Kevin Warsh will speak in front of Congress. So even after the data, volatility may not be over.
We also have more Fed talks and the Beige Book later in the US session.
So, be ready for more volatility ahead 📉📈