Crypto Markets Soar on Soft PPI Data: Bitcoin Shatters $113K Barrier

Crypto markets just caught a massive tailwind from cooler-than-expected producer price data—and Bitcoin's leading the charge straight through $113,000.

Market Momentum Explained

Soft PPI numbers triggered a classic risk-on rally, sending institutional money flooding into digital assets. Bitcoin isn't just riding the wave—it's setting the pace for the entire crypto complex.

Beyond the Headline Number

While traditional analysts scramble to adjust their inflation models, crypto traders are locking in gains. The Fed's next move suddenly looks a lot less threatening to portfolios heavy on digital gold.

What's Next for Crypto?

This isn't just a technical bounce—it's a fundamental shift in how macro data drives digital asset flows. Watch for altcoins to play catch-up as momentum builds. After all, nothing makes traditional finance types reconsider their skepticism like watching crypto outperform their carefully constructed portfolios yet again.