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June US producer price inflation cooled to 5.5%, dropping market-implied odds of another Fed rate hike to just 12.3%. The softer inflation print eased real-yield and dollar pressure on risk assets, lifting Bitcoin back above $65,000 and Ethereum past $1,900 as crypto traded on its rate-sensitive beta. Watch the next CPI release and Fed communications; a hot follow-up print would re-price hike odds and cap the crypto bounce.
As a Macro signal, watch whether it changes price action, volatility, or flows around BTC, ETH, IXIC.
Original Source: BeInCrypto
This page is market information analysis, not investment advice.
Influencer Threads
Anthony Pompliano opines that most Americans no longer know whether the war with Iran is ongoing because, in his view, it has been switched on and off so many times. This is personal commentary with no direct market data or positioning.
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