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Soft PPI Data Ignites Crypto Rally: Bitcoin Shatters $113K Barrier

Soft PPI Data Ignites Crypto Rally: Bitcoin Shatters $113K Barrier

Author:
Coindesk
Published:
2025-09-10 13:24:54
10
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Crypto Prices Buoyed by Soft PPI Data; Bitcoin Tops $113K

Inflation data delivers exactly what crypto markets craved—weaker-than-expected PPI numbers sparking a risk-on surge across digital assets.

Bitcoin Leads the Charge

BTC doesn't just break resistance—it demolishes it, punching through $113,000 as institutional money floods back into the space. The king of crypto reminds everyone why it holds the crown during macroeconomic shifts.

Altcoins Catch the Wave

Ethereum, Solana, and major altcoins ride Bitcoin's coattails with double-digit percentage gains. Even DeFi tokens—often left behind in BTC-dominated rallies—join the party as yield hunters chase momentum.

The Fed Effect

Soft producer prices give the Federal Reserve cover to keep rates steady—or even consider cuts. Traders bet that cheap money will keep flowing into speculative assets. Because nothing says 'healthy economy' like inflation data that's just bad enough to keep the punch bowl full.

Crypto's proving it doesn't need banking crises to rally—just the faint whiff of accommodative policy gets digital assets pumping. Sometimes the easiest trade is betting on the Fed's addiction to kicking the can down the road.

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