Traders Brace for Hot US PPI amid Sticky Inflation, Risks BTC, ETH, XRP Liquidations

Crypto traders are bracing for another higher-than-expected August US PPI print, after a hot 0.9% July PPI reading amid sticky inflation. While economists expect the producer price index (PPI) to rise 0.3% month-on-month (MoM), tariffs and renewed geopolitical tensions could raise inflation. Wall Street experts stated that the Fed rate cuts would resume in September

The post Traders Brace for Hot US PPI amid Sticky Inflation, Risks BTC, ETH, XRP Liquidations appeared first on CoinGape.