skinny.

Latest / Panic Drop Podcast

Fr 11/9 | Daily Crypto & Macro News

Happy Friday all!

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

Bitcoin dropped toward $77,000

U.S. PPI rose to 5.4%, above expectations, pushing the odds of a Federal Reserve rate hike next week to around 64%.

The bond market has flipped from pricing two cuts at the start of the year to two hikes.

The ECB hiked rates by 25 bps to 2.50%, its second increase this year, citing inflation remaining well above target as oil prices climb.

Brent crude surged about 5% to $108, the highest level since May. Saudi Arabia oil production…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.