#MarketTurbulence The crypto market faced a shakeup as $1 billion in liquidations hit following a surprise spike in the Producer Price Index (PPI). Bitcoin briefly fell below $112,000, reflecting traders' rapid repositioning, while Ethereum ETFs bucked the trend with $729 million in inflows. This volatility underscores the tightening link between cryptocurrencies and traditional markets, as macroeconomic signals increasingly sway digital asset dynamics.