đ„ #PPIShockwave: U.S. January PPI Surges 3.5% YoY! đđ
The latest Producer Price Index (PPI) data is out, and itâs hotter than expected:
đ +3.5% YoYâBiggest jump since Feb 2023
đ +0.4% MoM (vs. 0.3% expected)
đĄ What This Means for Bitcoin & Markets:
đș Higher Inflation â Fed may delay rate cuts đŠ
đ DXY & Treasury Yields could spike, pressuring risk assets đ°
⥠BTCâs role as an inflation hedge back in focus!
đ Will this drive more volatility or push BTC higher? Letâs discuss! đ DO WELLTO LIKE AND FOLLOWđ