Europe PPI Beat Expectations But Is This Enough for $BTC? 📉

The latest European Producer Price Index (PPI) for November came in hotter than expected at -1.7% YoY versus the anticipated -1.9% and the previous -0.5%. This slight beat suggests inflation pressures might be sticky in the Eurozone, which has massive implications for global liquidity and risk assets like $ETH. Keep watching how this impacts broader market sentiment this week. 🧐

#MacroCrypto #PPIData #MarketWatch 🚀

BTC
BTCUSDT
95,267.9
-0.28%

ETH
ETHUSDT
3,289.9
-0.44%