📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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#July PPI Beats Expectations#
The Inflation Surprise Shook the Markets
In July, the Producer Price Index (PPI) came in at 0.9% on a monthly basis. The expectation was only 0.2%. On an annual basis, it reached 3.3%, the highest level in recent years. Core PPI—i.e., inflation excluding food and energy—was again above expectations at 0.6% month-on-month.
This result cast a shadow over the markets' expectations of "interest rate cuts on the way."
Impact on Crypto: Reaction Instant and Severe
• After testing a new all-time high, Bitcoin quickly pulled back to the $118K region.
• While Ethereum attempted to rise above the $4,700 level, it fell to around $4,500 due to sudden sell-offs.
The instant liquidity and losses were striking.
If BTC stays above $118K, it could sustain the upward trend.
• ETH: A drop below $4,650 could lead to a pullback towards the $4,500 resistance in the short term.
Possible Scenarios
• If the Fed acts cautiously: BTC heads towards $125K, ETH towards $4,900.
• If the market balances: A recovery may be seen after a sideways movement.
• If Inflation Expectations Rise: BTC could test below $118K, while ETH could pull towards $4,600.
is not investment advice and is written for informational purposes.