The U.S. economy succumbs to signs of fragility that could jeopardize the market #crypto .
The latest Federal Reserve report shows weakness in employment, with a labor demand retreating in much of the country.
The Producer Price Index (PPI) is expected to be published in the next 24 hours, and its data could reveal new inflationary pressures.
If the PPI comes in above expectations, it could revive expectations of a firm stance from the Fed, which usually puts downward pressure on risk assets like #bitcoin or #Ethereum .
A moderate PPI could revitalize bets on rate cuts, driving a rebound in crypto assets.
Volatility is expected to be intense in the coming hours. #CryptoNews $BTC

