Since the U.S. Producer Price Index (PPI) report dropped, the odds of the Federal Reserve trimming the federal funds rate have taken a slight turn. September Fed Cut No Longer a Lock After PPI Shock The hotter-than-expected inflation data in the July PPI has thrown a hint of uncertainty into the equation. While traders still […]
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Key TakeawaysBitcoin dropped below $78,700 before recovering to $79,500 after strong U.S. employment data on Friday.Reduced Fed rate-cut odds triggered over $295 million in long liquidations across crypto...
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