[NOTE] This isn’t a crypto-specific issue. It’s driven by macro conditions.
Today’s sell-off isn’t random. It reflects a broader repricing of policy risk, which pushed $BTC down toward $76,472.
Two main factors are influencing the move:
1. Hotter-than-expected PPI data, pointing to ongoing inflation pressure.
2. Increased talk of a more hawkish Fed, implying tighter liquidity for longer.
This is a typical risk-off shift. Leverage is being reduced, but it doesn’t look like panic. Markets are adjusting to the possibility of a stronger dollar and tighter financial conditions. This isn’t about weak fundamentals for $BTC or $ETH , but about liquidity tightening across markets.
OUTLOOK: Cautious. Price action is closely tied to Fed expectations, and volatility may stay elevated as markets adjust.
ETHUSDT
Perp
1,974.5
+0.88%
BTCUSDT
Perp
67,165.3
+0.30%