Crypto Market Chaos Continues: Uncertainty Persists Amidst Inflation Fears and Geopolitical Tensions

A recent dip in U.S. Producer Price Index (PPI) data, which fell short of expectations, did not impact the cryptocurrency market as anticipated. However, consumer sentiment also disappointed, with a reading of 50.8, lower than expected at 53.8. Adding to the market uncertainty is China’s response, as it has escalated tensions through retaliation measures and heightened fears of an economic recession. This instability continues to contribute to high volatility in cryptocurrencies. 📈, 📉 📊 🇨🇳