100%
6.5%
▲ 78 pts in 24 h
- 6.5% ▲78 100%
- 6.8%+ ▼32 <1%
- 6.6% ▼25 <1%
- 6.2% ▼2 <1%
6.5%, last 15 days
US PPI Inflation Rises 6.5% as Markets Weigh Size of December Fed Rate Hike
49Importance
no updates 6h+Status
2News media
- Published
- Updated
US producer prices rose 0.3% in October and 6.5% year over year, while markets were watching the next Federal Reserve rate move. Crypto trading was mixed around the release, with Bitcoin above $70,000 in one report and Ethereum, XRP, and Pi under pressure in another.
Key claims & sources
✓
US producer prices increased 0.3% in October and were up 6.5% from a year earlier, while economists had expected a 0.4% monthly rise and 6.6% annually.
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Bitcoin moved above $70,000 as markets weighed the size of the December Federal Reserve rate hike.
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Ethereum traded below $2,000, XRP was near $1, and Pi Network also traded lower on Nov. 13 as US producer inflation reached 6.5% annually.
✓
The Bureau of Labor Statistics’ October report showed producer prices rising 0.3% during the month.
What it means
The Bureau of Labor Statistics’ October producer-price report sits alongside the Federal Reserve’s interest-rate path, which is why traders watched the release so closely. Producer inflation is one of the inputs markets use when judging whether policy can stay tight or needs to ease. The November 13 move in crypto came against that backdrop, with Bitcoin, Ethereum, XRP and Pi all responding in the same session.
For crypto users and builders, a hotter-than-expected inflation print keeps attention on liquidity conditions rather than on token-specific news. That affects how desks, exchanges and treasuries position around scheduled macro releases, especially when Bitcoin and major altcoins move in different directions. The immediate practical change is not in the assets themselves, but in the pace and caution of trading around Fed-watch dates. (per crypto.news)
Market reaction i
Bitcoin fell 1.0% in the 4 hours after the first headline, after rising 0.4% in the 2 hours before.
$69,497
price at the headline
+0.4%
2 h before
-1.0%
4 h after
-1.8%
8 h after (so far)
First headline
41 prices, one every 30 minutes
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
The Coin Republic
scoop
Nov 13 15:10
The Coin Republic
scoop
Breaks the event
+7 min
crypto.news
adds
Nov 13 15:17
Brings into the story: PI, XRP, with quotes
What Federal funds rate has done before
| When | What happened | Figure |
|---|---|---|
| 44 days ago | Federal funds rate: 3.88 (+0.13) rise | Oct 2026 |
| 2 months ago | Federal funds rate: 3.75 (+0.12) rise | Sep 2026 |
| 4 months ago | Federal funds rate: 3.63 no change | Aug 2026 |
| 5 months ago | Federal funds rate: 3.63 no change | Jul 2026 |
| 6 months ago | Federal funds rate: 3.63 no change | Jun 2026 |
FRED series, with the value of each release and its change.
What could happen next i
88%
25 bps increase
▲ 1 pts in 24 h
- 25 bps increase ▲1 88%
- 50+ bps increase ▼2 8%
- No change ▲1 2%
- 25 bps decrease <1%
25 bps increase, last 15 days
89%
Hike 25bps
▲ 3 pts in 24 h
- Hike 25bps ▲3 89%
- Hike >25bps ▼1 10%
- Fed maintains rate 3%
- Cut 25bps 1%
- 1 more1%
Hike 25bps, last 15 days