Crypto markets are entering a critical phase today as inflation data and political risk collide. US November PPI rose to 3%, above the 2.7% forecast, signaling persistent inflation pressures. At the same time, investors are entering the final hours ahead of a Supreme Court ruling on President Trump’s tariff policy, a decision that could trigger sharp moves across Bitcoin, altcoins, and broader risk assets.
US PPI Data Signals Sticky Inflation
The hotter-than-expected US PPI inflation data suggests that cost pressures at the producer level remain elevated. Since PPI often leads consumer inflation, this reduces expectations for near-term Federal Reserve rate cuts.
For crypto markets, this creates a short-term headwind:
- •Higher inflation expectations
- •Firmer US dollar and bond yields
- •Increased volatility for Bitcoin and altcoins
Bitcoin and major cryptocurrencies have so far reacted with sideways price action, reflecting caution rather than panic selling.
Crypto Markets in the Final Hour Before Trump’s Tariff Ruling
With the Supreme Court tariff ruling expected later today, crypto traders are entering a wait-and-see mode.
Market conditions right now:
- •Lower trading volume
- •Reduced leverage
- •Tighter ranges across major crypto assets
This uncertainty is keeping the crypto market range-bound, as traders avoid large positions ahead of a potentially market-moving headline.
What Happens After the Ruling?
Once the ruling is announced, volatility is expected to spike:
Tariffs upheld:
Policy clarity could support risk assets after an initial reaction, potentially stabilizing crypto prices.
Tariffs struck down:
Increased policy uncertainty may trigger a short-term risk-off move, pressuring Bitcoin and altcoins.
Given today’s elevated PPI data, any post-ruling move could be amplified by inflation concerns.
Crypto Market Outlook
With US inflation data surprising to the upside and a major political decision imminent, crypto markets are positioned for headline-driven volatility. Traders should expect sharp moves, fast reactions, and increased sensitivity to macro news over the next 24 hours.