CryptMarket Analysis — 13-09-06
Crypto markets are rallying in early trading as Bitcoin once again breached $114K, buoyed by soft Producer Price Inflation (PPI) data and surging ETF inflows, which hit an eight-week high. Traders are positioning for potential Fed rate cuts, increasing risk appetite and driving major tokens—Bitcoin, Ethereum, Solana, and Dogecoin—higher. However, cautious optimism persists ahead of the upcoming U.S. Consumer Price Index (CPI) release, which could influence interest rate expectations and spur further volatility. The bullish sentiment is reinforced by continued corporate treasury adoption and positive regulatory signals, though traders remain watchful for macroeconomic headwinds and elevated implied volatility signaling a possible breakout.