Crypto Gains Momentum Amid Shift in Economic Focus

Bitcoin hit a new all-time high, while Ethereum remains strong above $4,700 amidst market volatility. As altcoins like ADA and BNB surge, investors are watching the US Producer Price Index (PPI) data closely. This week’s PPI figures released unexpectedly higher than expected, fueling debate over whether the Federal Reserve will hold or cut interest rates in September.