$BTC Macro Update Inflation Shock

US Core PPI just came in at 3.9%, above the expected 3.7%, signaling rising inflation pressures.

BTC
BTCUSDT
70,689.4
+3.81%

Implications:

Near-term Fed rate cuts are less likely; hawkish stance possible

Liquidity expectations tighten → risk assets like crypto could face downside pressure

Bitcoin & altcoins may see short-term weakness if the Fed signals continued caution