#USPPIJump
📊 USPPIJump: what is moving the crypto market?
🔸
Today the market reacted to a jump in the US PPI (Producer Price Index) — an indicator that measures inflation at the producer level in the US.
🔎 Why does this matter?🤔
• PPI above expectations = more persistent inflation✍️
• High inflation = high interest rates for longer✍️
• High interest rates = pressure on risk assets (crypto)
📉 In the short✍️ term, the market tends to be volatile
📈 In the medium/long term, everything depends on the FED's reaction
⚠️ Attention to false movements after the news.
#USPPIJump #CryptoMarketAnalysis #BTC #MacroEconomia
📊 USPPIJump: what is moving the crypto market?
🔸
Today the market reacted to a jump in the US PPI (Producer Price Index) — an indicator that measures inflation at the producer level in the US.
🔎 Why does this matter?🤔
• PPI above expectations = more persistent inflation✍️
• High inflation = high interest rates for longer✍️
• High interest rates = pressure on risk assets (crypto)
📉 In the short✍️ term, the market tends to be volatile
📈 In the medium/long term, everything depends on the FED's reaction
⚠️ Attention to false movements after the news.
#USPPIJump #CryptoMarketAnalysis #BTC #MacroEconomia