Top 3 Altcoins Poised for Rally Following US PPI Data Release
Market volatility surges as the U.S. prepares to release Producer Price Index (PPI) data, with analysts forecasting a 0.3% monthly increase and a stable 2.7% annual rate. The crypto market has already reacted positively, climbing to a $3.38 trillion valuation amid expectations of favorable macroeconomic conditions.
Former President Donald Trump’s call for Federal Reserve rate cuts has further fueled bullish sentiment. Traders are now aggressively scouting high-potential altcoins for short-term gains ahead of the PPI announcement.