#MarketTurbulence Cryptomarket under pressure: $1B in liquidations after PPI surprise

The crypto world experienced an unexpected shock: a larger-than-expected increase in the Producer Price Index (PPI) triggered over $1 billion in liquidations.

Bitcoin briefly fell below $112,000 as traders adjusted positions.

Ethereum surprised: despite the turbulence, its ETFs recorded massive inflows of $729M, showing that some investors saw the drop as an opportunity.