U.S. Annual PPI came in at 3.0%, higher than the previous 2.7%.

This shows inflation pressure is still present at the producer level.

Higher inflation data can reduce rate-cut expectations and increase short-term volatility.

For $BTC and crypto, this may create pressure in the short term, while the market waits for more clarity from the Fed.

Price reaction around key levels will be important. #USPPIAboveExpectations #MarketRebound #WriteToEarnUpgrade