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#U.S. Producer Price Index

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Bitcoin $100K Hopes Fade as $939 Million Crypto Wipeout Eyes $78,000 Level
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Bitcoin $100K Hopes Fade as $939 Million Crypto Wipeout Eyes $78,000 Level

Key Highlights U.S. producer prices jumped 1.3% in September, driving annual wholesale inflation to 6.3% and reinforcing concerns that cost pressures are broadening beyond energy. Financial markets showed unexpected divergences as benchmark 10-year Treasury yields dropped toward 5.06% amid a tech sell-off, while rate-hike expectations for the Federal Reserve’s late October meeting fell under 30%. ...