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Breaking: US April PPI inflation meets expectations, climbing to 2.2% annually

🔵 US Producer Price Index (#PPI) for final demand rose 2.2% annually in April, in line with market expectations.

🔵 Annual core PPI also increased by 2.4%, matching analysts' estimates.

🔵 Both PPI and core PPI rose by 0.5% on a monthly basis in April.

🔵 Tomorrow, on May 15, 2024, at 8:30 A.M. Eastern Time, Consumer Price Index (#CPI) data will be released, and crypto enthusiasts are eager to see its impact on the #cryptomarket.

#Crypto #CryptoNews #CPI
🔵Global #cryptomarket cap: $2.27 trillion, decreased by 1.71% in the last day.

🔵 Total #crypto market volume in the last 24 hours: $68.78 billion, increased by 13.67%.

🔵 #DeFi volume: $5.88 billion, which is 8.55% of the total crypto market volume in the last 24 hours.

🔵 #Stablecoin volume: $63.09 billion, accounting for 91.72% of the total crypto market volume in the last 24 hours.

🔵 #Bitcoin dominance: 53.79%, no change in the last day.
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Jim Cramer Advises #Investors to Sell #GameStop ($GME) and #AMC Entertainment Shares

#Crypto #CryptoNews #Cryptomarket #Memecoin

Source: @CNBC

🔵 Cramer warns GameStop and AMC's surge driven by social media hype.

🔵 GameStop's high valuation questioned, trailing behind competitors in performance.

🔵 AMC faces financial woes despite cash influx, risking future investor harm.

🔵 Cramer advises caution, suggesting selling AMC stocks, emphasizing careful decision-making.