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4E: PPI data lower than expected, US stocks fluctuate in the crypto market Rebound, follow tonight's CPI data
BlockBeats news, on January 15th, Tuesday, the released PPI data showed a moderate decline lower than market expectations, indicating that inflation in the United States did not further increase, easing market tension. According to 4E monitoring, the US stock market staged a 'roller coaster' market last night. The PPI data stimulated the initial rise of US stocks, followed by fluctuations. Only the Nasdaq index closed down 0.23%, the S&P 500 rose 0.11%, and the Dow Jones rose 0.52%. The encryption market rebounded collectively. Before and after the release of the PPI data last night, BTC once broke through $97,000 rapidly. Although selling pressure emerged later, it still stood above $97,000 before the deadline, continuing to oscillate narrowly at a high level. Recently, after a sharp pullback, popular narrative AI agent concept coins have also experienced strong rebounds, leading the rise in other zones. The first inflation data of this week brought a faint hope of further rate cuts by the Federal Reserve, but it did not provide a clear signal. Tonight at 21:30, the released CPI will become the focus of the market's attention, and investors hope that this data can provide clearer guidance for the rate cut prospects this year. Against the backdrop of growing inflation concerns and increasing uncertainty about Fed actions, market worries are intense, and there is a risk of volatile fluctuations before and after the release of the CPI data.