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🚨 Markets are rallying after a softer-than-expected U.S. PPI report.
📉 PPI Inflation: 5.5% (vs. 6.2% expected)
📉 Core PPI: 4.7% (vs. 5.2% expected)
📉 MoM PPI: -0.3%, the biggest decline since April 2025.
As rate hike expectations continue to fade:
🟢 Bitcoin climbed to $65.5K
🟢 Ethereum surged to $1,900
🟢 U.S. stocks added over $320B in market value today.
Markets also extended gains after President Trump said Iran had called and "wants to make a deal," although Iran has not confirmed the claim.
Risk assets are back in focus. 👀
#Bitcoin #Ethereum #BTC #ETH #PPI #Inflation #Fed #Stocks #Crypto