US PPI Climbs to 6.3%, Exceeding Expectations
The upside surprise adds pressure to the inflation outlook and complicates the Federal Reserve’s path toward easing.
Macro events that move crypto — central bank rate decisions, inflation prints, banking stress, and global risk shifts.
The upside surprise adds pressure to the inflation outlook and complicates the Federal Reserve’s path toward easing.
Musk says the US government controls Starshield usage limits, while SpaceX controls commercial Starlink and restricts it to civilian or defensive activity.
The cross-asset retreat points to risk aversion with stagflation concerns in the mix, while traders await another inflation reading from Thursday’s producer price index.
The model's demand bottleneck scenario links automation to lower consumption and weaker long-run growth, complicating the bullish case that AI gains will lift Bitcoin.
Altcoins and leveraged longs bore the brunt of the selloff, while shifting Fed rate expectations and Treasury yields remain key signals for crypto traders.
A daily close below $80,400 would put a twice-defended support level at risk, while spot Bitcoin ETFs recorded $261M in outflows.
The rapid flush pulled other markets lower, linking Bitcoin’s price break to a wider liquidation-driven decline.
Hotter core inflation lifted October Fed hike odds to 41%, putting pressure on risk assets as Bitcoin tests support where spot bids overlap with leveraged long liquidations.
The departure opens a vacancy in the administration’s crypto policy team, with Witt’s successor still unknown.
The liquidation spike coincided with hotter U.S. inflation and rising expectations of a Fed rate hike, exposing how leverage can amplify macro shocks.
Ether fell harder than Bitcoin, while the Fear & Greed Index remained in Greed territory despite the broad market decline.
Inflation above expectations revived rate-hike concerns, while oil-driven price pressures highlight the limits of monetary policy in lowering energy costs.
BlackRock's reported cuts to equity, AI-chip and long-duration bond exposure add an institutional risk-off signal to rate-cut concerns.
Moody’s puts US data center spending at $700B this year, while Fink says federal borrowing has climbed to $40T, adding pressure to an already strained economy.
The projection is explicitly conditional: Musk said it depends on avoiding a major world war.
The circuit breaker marks an abrupt escalation in selling, putting regional equity risk and investor appetite for risk assets in focus.
Nearly $951M in crypto positions were liquidated in 24 hours, with long bets accounting for most of the wipeout as inflation fears hit risk assets.
Inflation lifted October rate-hike odds as high as 50% before they retreated, while spot Bitcoin ETFs recorded $150.5 million in outflows on Oct. 14.
Hougan’s view puts Bitcoin’s appeal on the same footing across sharply different economic outcomes, from persistent inflation to an AI-driven boom.
Another steep drop in a major Asian equity benchmark puts regional risk appetite in focus, though the move alone does not establish its cause.