US PPI data is coming out tonight at 7:00 PM IST. Here's how different readings could shake things up for crypto markets:

If it comes in below 0.3%, expect a bullish mood—markets typically rally on softer inflation signals. In the 0.3% to 0.4% range? That's pretty much what traders have already priced in, so don't expect fireworks. Anything above 0.4%, though, and you're looking at potential downside pressure across assets. The threshold matters because stronger-than-expected PPI prints can shift the entire narrative around rate expectations and economic momentum.