US PPI Hits Highest Monthly Rise Since 2022
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The crypto market has just suffered one of its most significant setbacks of the year. In a few hours, bitcoin lost over $5,000, causing a widespread rout among other assets. Indeed, the release of a US Producer Price Index (PPI) well beyond expectations rekindles the specter of persistent inflation. This statistic, which surprises both Wall Street and the crypto ecosystem, upends monetary policy expectations and triggers a cascade of liquidations on leveraged positions, increasing downward pressure.
L’article US PPI Hits Highest Monthly Rise Since 2022 est apparu en premier sur Cointribune.
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