Europe PPI Blows Past Estimates: Is This The Hidden Fuel For $BTC? 🤯

The latest European Producer Price Index (PPI) for November landed at 0.5% MoM, significantly beating the 0.4% expectation and crushing the prior 0.1% reading. This inflation signal from the production side is hotter than anticipated. 🔥

This data point suggests underlying price pressures remain robust across the Eurozone, which has major implications for the ECB's rate path and, by extension, global liquidity flows impacting $ETH and the broader market. Keep your eyes glued to how this impacts risk appetite.

#MacroCrypto #PPI #InflationWatch #Eurozone 📈

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