CRYPTO PRICES FALL AFTER U.S. PPI DATA Cryptos fell after stronger-than-expected U.S. wholesale inflation data reduced hopes for a Fed rate cut in September, FP Markets’ Aaron Hill says. July’s producer price index rose 0.9% vs. a 0.2% forecast, reviving inflation fears and triggering a risk-off mood. Bitcoin slid 3.5% to 118,638 from a record 124,480 overnight, while Ethereum fell 1.9% to 4,634 after hitting 4,788, its highest since Nov. 2021.(*Walter Bloomberg)