POPA ReconWe have US PPI and US CPI data today and tomorrow. Hmmm would think PPI comes out hotter but given the gyrations in commodity prices, its a…
We have US PPI and US CPI data today and tomorrow. Hmmm would think PPI comes out hotter but given the gyrations in commodity prices, its a hard read. Of course, current oil prices are a major driver on that. As for CPI, core CPI would be expected to be out cooler than expected. That will add some fuel to the crypto pumps. Seasonally, we should have some bounces today and tomorrow. Some memes are already down 80%, which could make a case for a short term relief pump but its just capital rotation onchain at best.
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