#MarketTurbulence

The cryptocurrency market shows signs of fragility after liquidations of $1 billion due to an unexpected rise in the Producer Price Index. The price of Bitcoin (BTC) briefly fell below 112,000 USDT as traders adjusted their positions, while Ethereum (ETH) exchange-traded funds saw strong inflows of $729 million USDT despite market turmoil. This highlights the market's sensitivity to macroeconomic indicators and the increasing correlation between cryptocurrencies and traditional markets.

#Binance Points! (Click on "+" on the app's home page and tap on the task center)

#Completing tasks on the Binance platform is one of the simple and free ways to earn rewards like USDT or other cryptocurrencies.