Bitcoin Dips 1.8% to Test $101K Support as US PPI Misses Forecasts (Wall Street Still Can’t Predict Inflation)
Bitcoin takes a breather after its bull run—slipping 1.8% to retest the $101K level—as cooler-than-expected US PPI data (2.3% vs. forecasts) fuels debate over Fed policy. Traders eye this as either a healthy correction or another ’buy the dip’ moment.
Meanwhile, traditional finance pundits scramble to explain why their inflation models keep misfiring. Crypto markets, as usual, price it all in faster.