Us producer inflation jumps to 6 percent, BTC pressured
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🚨 US producer inflation soared to 6 percent, surpassing forecasts.
Monthly PPI reached 1.4 percent as energy costs continue to rise.
📉 Immediate fallout: rapid declines may hit in $BTC.
🧐 Key point: Fed rate cuts now look very unlikely for at least one year.
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1h ago•
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