$TRADOOR PPI Hit 6.5% — The Inflation That's Choking Bitcoin
US May PPI rose 6.5% year-over-year — the highest since November 2022 — crushing expectations of 6.4%. Core PPI jumped 0.8% versus 0.4% forecast. The data sent Bitcoin on a roller coaster, with risk assets whipsawing across the board. The pipeline is screaming: inflation isn't done.