đ PPI (MoM): 2.6% vs 3.3% expected â Inflation at the producer level cooled more than forecast.
đ Core PPI (MoM): 2.8% vs 3.5% expected â Underlying inflation also softer.$ETH
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â Impact: Both readings came in below expectations â Markets now see stronger odds of Fed rate cuts. Traders often turn bullish when PPI cools down.
đ„ $MITO: Holding strong with rising interest. Softer inflation could fuel fresh demand and create room for an upside breakout.
#Mitosis #Crypto #InflationData
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