Bitcoin Slides; Ethereum, XRP, Dogecoin Gain Amid Softer PPI Inflation: Crypto 'Dead' Chatter Shows Retail Patience 'Breaking,' Says Market Intelligence Firm

What happened

On Thursday, August 13, the major cryptocurrencies Bitcoin, Ethereum, XRP and Dogecoin stayed roughly unchanged, while U.S. stocks rose to record levels after the release of producer‑price inflation data that came in lower than analysts expected.

Confirmed

Global impact / market context

Because lower producer inflation reduces expense growth, companies may boost profit margins, encouraging stock buying and keeping cash out of risky assets like crypto; this can widen the performance gap between equities and digital currencies, influencing portfolio decisions.

Analyst inference

Producer‑price inflation (PPI) measures price changes that manufacturers receive for goods; a softer PPI reading suggests lower cost pressures for businesses. The recent dip signaled easing inflation, supporting optimism in equities and keeping investors cautious about crypto volatility.

Confirmed

What to watch

1. Watch upcoming producer‑price index releases; if they stay soft, equity markets may keep climbing, while continued crypto stability could attract investors seeking non‑correlated returns. Analyst inference
2. Monitor Bitcoin’s price relative to major stock indices; a divergence could signal shifting risk appetite and affect how investors allocate funds between traditional and digital assets. Analyst inference
3. Track statements from regulators or market‑intelligence firms about crypto health; clearer guidance may reduce retail uncertainty, potentially boosting trading volumes and supporting price stability. Analyst inference

Affected assets

• XRP — XRP
• SOL — Solana
• BTC — Bitcoin
• ETH — Ethereum
• DOGE — Dogecoin
• MSTR — MSTR2100

Evidence

• benzinga.com