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Crypto Markets Tumble as U.S. PPI Report Sparks Panic—Here’s What Happened
Crypto Markets Tumble as U.S. PPI Report Sparks Panic—Here’s What Happened
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Crypto got sucker-punched by macroeconomics again. The latest U.S. Producer Price Index (PPI) data just triggered a flash crash across digital assets—because apparently, traders still haven’t learned that inflation reports and leverage don’t mix.
Blood in the streets? More like margin calls on screens. Bitcoin led the nosedive, but altcoins got wrecked even harder—classic ‘risk-off’ behavior from skittish whales. Meanwhile, decentralized perpetual swaps saw liquidations spike 300% in under an hour. Who could’ve predicted that?
Silver lining? The dip-buyers are already circling. Because nothing says ‘healthy market’ like treating every 10% drop as a Black Friday sale. Stay volatile, friends.
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