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Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure
Key takeaways Ethereum recovered above $2,400 after briefly falling toward $2,340 following hotter-than-expected US producer inflation. September PPI rose 6.3% annually, while core PPI reached 5%, both exceeding forecasts.
Why it matters
A single-asset headline is not a market-wide fact. Check the tape, dominance, and whether the move is cash, derivatives, or a story premium.
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