Crypto news shows sharp retreat in the market from its mid‑August peaks. Bitcoin price fell from about $124,000 on August 14 to roughly $108,500 this week.
Ethereum eased from about $5,000 to $4,393. The pullback follows a wave of bad news for risk assets. U.S. inflation data surprised on the upside.
Traders now expect any Federal Reserve rate cuts to be delayed. New reports show US consumer and producer prices rising faster than expected.
According to analyst observations, Trump’s tariffs on imports are starting to bite. At the same time, crypto-focused funds have seen recent outflows.
Together, these macro factors are weighing on cryptocurrency sentiment.
Crypto News: Inflation and Tariff-Driven Price Pressure
U.S. inflation metrics spiked in July. The Producer Price Index (PPI) jumped 0.9% month-on-month in July, the largest gain since June 2022.
Service-sector prices led the increase, adding 1.1% on the month. Broadly, higher wholesale costs suggest businesses are
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