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Crypto Prices Skyrocket On Soft PPI Print: Bitcoin, Solana Ecosystem And Meme Coins Among The Top...
A massive beat in Wednesday’s Producer Price Index release has cleared the way for the Federal Reserve to begin aggressively cutting its target rate.
The headline PPI figure for August came out at 2.8%, significantly lower than the forecasted 3.3%. In fact, producer price inflation fell 0.1% in August on a month-over-month basis, versus expectations for a 0.3% increase.
Similarly, core PPI, which excludes food and energy prices, ticked up by 2.8% year-over-year and fell by 0.1% in the monthly timeframe, both significantly below the consensus expectation
With the US labour market showing considerable weakness and inflation cooling off, the Federal Reserve is set for a dovish pivot in next week’s FOMC meeting, a decidedly bullish scenario for crypto prices
The Bitcoin price surged to $114,000 following the PPI release, finally breaking through the key $113,000 resistance level
Among the altcoins, Avalanche (AVAX) is showing considerable bullish strength, up 10% on the day. Solana ecosystem coins like Pyth Network and Pump.fun are among the top gainers, as are meme coins like Fartcoin, SPX6900 and Pudgy Penguins
Can The US Fed Slash Interest Rates By 50 Basis Points Next Week?
A September rate cut is now a certainty. However, there is a strong debate over the size of the cut
Many macroeconomists and market participants contend that a 50 basis point cut should remain on the table, pointing to the sharp downward revision in jobs data. They argue the Fed would likely have already eased at least once more had policymakers been working with a more accurate picture of the labour market.
If the Fed knew how bad the labor market truly was, it would have cut 25bps in March and another 25bps in June/July. There is every case to be made for a 50bps rate cut in Sept.
— zerohedge (@zerohedge) September 9, 2025
Indeed, there is precedent. Concerned by the weakness in the jobs market, the Fed slashed interest rates by 50 basis points in September 2024
With the central bank under fire for being too late, it may want to send a strong signal that the aggressive rate-cutting cycle is here
For now, the CME FedWatch is showing that the Fed will cut its target rate by 25 basis points in the three remaining FOMC meetings this year
Crypto Prices Skyrocket, Top Gainers Flip Key Resistance Levels
Crypto prices are rallying on the soft PPI print. More importantly, they are breaching key resistance levels, which indicate that the crypto market is on the cusp of a broader bull run
For instance, the Bitcoin price surged to $114,000, above the important $112,500 and $113,000 resistance levels. A daily close above them could signal a rally to $116,000, and eventually to new all-time highs
Similarly, the Avalanche price has flipped the $26 resistance and is up by 10% over the past 24 hours
Similarly, meme coins like Fartcoin have surged past important sell zones. Fartcoin has closed its first 4-hour candle above the 200 moving average in 44 days, a massively bullish signal
First 4H candle closure above its 200MA in 44 days for fartcoin pic.twitter.com/aqUv9gwPpx
— CRG (@MacroCRG) September 10, 2025
The Pump.fun coin has also flipped the $0.0055 resistance level into support and could see a bullish continuation to $0.0070 in the coming days
These assets are the best cryptocurrencies to buy now, considering they are likely to outperform when the broader market outlook improves
Experts Call This Low-Cap Gem The Next 100x Crypto
Besides the large-caps, even low-cap gems are in high demand
For instance, Bitcoin Hyper (HYPER) is gaining significant traction as the latest BTC layer-2 coin
The new project has quickly raised nearly $15 million in short order, a sign of strong community support and high upside potential
Notably, whales are among its early buyers, which gives even more credence to its long-term prospects. In fact, smart money investors continue to pour in six-figure investments into HYPER.
Bitcoin Hyper utilises the Solana Virtual Machine and zero-knowledge architecture to address network congestion and poor throughput on Bitcoin
With its promise of bringing improved performance, scalability and programmability to Bitcoin, the new Layer-2 chain can become the hotbed for meme coins, payments and even DeFi apps
L2 coins tend to have high upside potential. Considering that many among them tend to reach multibillion-dollar valuations, it isn’t surprising that early HYPER buyers are eyeing anywhere between 10x and 100x returns
Visit Bitcoin Hyper Presale
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