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The Defiant|Feb 13, 2025 21:33
Crypto markets dip following PPI data as inflation concerns rise.
Bitcoin trades at 96,400 after a 1% decrease, while Ethereum is down 1.1% to 2,650.
Stronger-than-expected wholesale inflation data has cast doubt on potential Fed rate cuts, prompting cautious sentiment in the crypto space.
https://thedefiant.io/news/markets/crypto-market-dips-as-hot-ppi-data-stokes-inflation-concerns?utm_source=X&utm_medium=Organic_Social
#CryptoNews #Inflation #DeFi #Web3 #Bitcoin #Ethereum
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