September producer inflation came in much hotter than expected: the Producer Price Index rose 1.3% in one month and 6.3% from a year ago, the second hot inflation print in two days. Bitcoin briefly dipped below $80,000, about $937 million of leveraged bets were flushed, and then prices rebounded this afternoon. Plus: a Cardano DeFi headline worth reading carefully, and the refreshed Power 5 levels in plain language.

Chapters:
00: 00 Intro
01: 09 Hot PPI
02: 46 The Flush and the Rebound
04: 19 Cardano DeFi
05: 45 TA and the Closes
07: 48 Recap

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#Bitcoin #CryptoNews #Inflation