The Federal Reserve just released Producer Price Index data that came in hotter than anticipated. While markets were pricing in a 2.7% reading, the actual figure landed at 3% — a notable miss that's catching everyone's attention. This higher-than-expected inflation print is creating headwinds across financial markets, including crypto assets. When PPI surprises to the upside, it typically signals persistent inflationary pressures, which can complicate the Fed's policy path and add uncertainty to risk assets. Traders are already recalibrating their positions in response to this economic data point.