October's US Producer Price Index came in at 0.2% month-over-month, matching expectations but cooling from the prior month's 0.3% reading. The moderation in producer inflation signals a potential shift in cost pressures across the supply chain. For crypto markets, softer PPI data often reduces expectations for aggressive interest rate hikes, which typically supports risk assets. Traders are watching closely—a sustained slowdown in producer prices could reshape Fed policy expectations and influence the broader digital asset sentiment in the months ahead.