#CreatorPad The impact of U.S. PPI data on Bitcoin market dynamics

According to PANews, a recent report by QCP highlights the impact of U.S. Producer Price Index (PPI) data on interest rate expectations, effectively eliminating the possibility of a 50 basis point rate cut. In the cryptocurrency sector, U.S. Treasury Secretary Besent announced that the government will not sell seized Bitcoin and is exploring methods that do not affect the budget to acquire additional Bitcoin to expand reserves.