CPI is already behind us. That number is not, and it lands today, August 13, 2026, at 8:30 AM ET.
That gap is exactly why crypto desks are on edge this morning, and the PPI data crypto impact question is the one traders are asking before the print even lands. Recent CPI and PPI data have kept traders focused on inflation, with today’s PPI print likely to shape market sentiment.
Source: AshCrypto on X
Order books on major exchanges have thinned out overnight, a sign that desks are waiting for the number rather than trading ahead of it.
The Consumer Price Index for July came in on August 12, 2026, rising 0.1 percent for the month and 3.4 percent over the past 12 months, per the U.S. Bureau of Labor Statistics.
Core CPI, which strips out food and energy, rose 0.2 percent monthly and 2.5 percent year-over-year.
That print landed close enough to expectations that markets treated it as a non-event, not a shock in either direction.
Bitcoin and Ethereum mostly drifted sideways through the session, which left traders with lighter hedges than usual heading into today's report.
Source: Official CPI Data
Producer prices are the next data point, and they're due today. According to BLS, the index for final demand fell 0.3 percent in June, with prices up 5.5 percent over the prior 12 months. That 5.5 percent figure is the number traders are measuring today's print against.
Expected PPI (YoY): 4.9%
Last month's PPI (YoY): 5.5%
Release time: 8:30 AM ET, August 13, 2026
Source: BLS Producer Price Index
Source: PPI official data
The report also feeds into the Fed's preferred inflation gauge, personal consumption expenditures, due later this month alongside a GDP revision—so today's number carries weight beyond just this afternoon's price action.
A widely shared trading framework circulating among crypto holders lays out three outcomes:
Below 4.9%—read as cooling inflation, favorable for risk assets, and could fuel a pump. A miss on the downside would mark the sharpest one-month deceleration in the annual PPI figure in recent memory, and traders expect that kind of surprise to pull rate-cut bets forward and lift Bitcoin and Ethereum in the process.
At 4.9%—still a sharp drop from 5.5% last month—could support a modest pump. Coming in exactly at consensus wouldn't be a shock, but it would still confirm the disinflation trend from June, which is usually enough to keep sentiment mildly positive without triggering the kind of aggressive repositioning a beat would cause.
Above 4.9%—reignites inflation concerns and could trigger a dump across risk assets. A hotter print would suggest the pipeline pressure that shows up in producer prices hasn't fully drained out of the economy, pushing back expectations for near-term rate cuts and prompting leveraged crypto positions to unwind quickly.
Note: This 4.9% framework reflects a trading scenario circulating among crypto holders rather than an official forecast from a single named source—treat it as sentiment, not guidance.
This isn't a guarantee. It reflects how markets have historically reacted to inflation surprises, not a confirmed outcome.
It measures what producers are paid for goods and services, and it often signals where consumer inflation is headed next. That link is the core of the PPI data crypto impact story today.
A hotter-than-expected reading raises the odds the Federal Reserve stays cautious on rate cuts, which tends to pressure risk assets like Bitcoin and Ethereum. A cooler print does the opposite, feeding expectations of easier monetary policy ahead.
That rate sensitivity is exactly why current levels matter heading into the print. Ahead of the release, Bitcoin is trading near $63,318–$63,350, holding a market cap around $1.27 trillion.
Ethereum sits near $1,880, with a market cap close to $226.69 billion. The broader crypto market cap is holding in the $2.2 trillion range.
Note: The data presented in this chart is subject to change as source data is updated or revised. Always verify the latest figures with the original source before using them for analysis or decision-making.
Source: coinmarketcap data
That positioning matters specifically because thin, cautious trading ahead of a release tends to amplify whatever direction the surprise lands in.
Once the number crosses the wire this morning, traders will be watching whether Bitcoin and Ethereum hold their current ranges or break sharply toward $60K or below on BTC and how quickly rate-cut expectations shift in response.
Whichever way the PPI data crypto impact story goes, the CPI relief and this report together will shape sentiment heading into the next Fed meeting.
This content covers Your-Money-Your-Life (YMYL) topics, including cryptocurrency prices and flows. It is for informational purposes only and not financial, investment, tax, or legal advice. Crypto markets are highly volatile, and past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making investment decisions.
