2 days ago
Bitcoin Faces $853M Selloff as Hot PPI Data Fuels Stagflation Fears
TLDR: Core PPI jumped 1% month-over-month, far exceeding the 0.2% forecast, signaling persistent inflation. Binance recorded $853M in BTC selling flows in one hour, accounting for 91% of total market selloff. Fed rate cut expectations for 2026 have been fully priced out following the hotter-than-expected PPI print. Bitcoin is retesting the $78K–$79K support zone, with [...]
The post Bitcoin Faces $853M Selloff as Hot PPI Data Fuels Stagflation Fears appeared first on Blockonomi.
Source: Blockonomi →Related News
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