Inflation just threw cold water on the crypto rally 👀

US April CPI jumped to 3.8% YoY, while PPI surged 6% YoY — the hottest pressure since 2022.

Energy spikes from the Iran conflict + sticky rent costs are forcing markets to rethink everything.

BTC briefly slipped below $80K as rate-cut hopes faded and possible Fed hikes came back into the conversation.

For crypto, this is the danger zone:

Higher inflation = tighter Fed

Tighter Fed = weaker risk appetite

Weaker risk appetite = pressure on BTC and alts

Now the big question:

Is this just a macro shakeout… or the start of a deeper risk-off move?

#Bitcoin #CPI #PPI #Fed #CryptoMarket $BTC

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