According to CoinMeta, the latest data shows that in August, the U.S. Producer Price Index (PPI) rose by 5.4% year-on-year, exceeding market expectations of 5.3% (from 4.7% previously). The core PPI also increased by 4.6% year-on-year, in line with forecasts (from 4.2% previously). This unexpected upward trend could strengthen market expectations for a Federal Reserve interest rate hike, drive up yields, and put pressure on the stock and crypto markets. Markets are watching tomorrow's Consumer Price Index (CPI) data, which will help influence the Fed's interest rate decisions on September 15-16.