🚨 $BTC Braces for Impact! Spain's PPI Just PLUMMETED 📉

Spain’s Producer Price Index (PPI) just dropped -2.5% year-over-year – a massive swing from the previous reading of +0.7%. This signals rapidly cooling inflation within a major European economy. 🇪🇸

What does this mean for $BTC and broader markets? Lower PPI suggests reduced input costs for businesses, potentially easing pressure on central banks to maintain hawkish monetary policies. Less hawkish policies could translate to increased risk appetite and a boost for crypto. Keep a close eye on how this data ripples through the EU and impacts global sentiment. 🧐

#PPI #Inflation #Bitcoin #Macroeconomics 🚀

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