U.S. PPI and Retail Sales Drop Today: 5 Altcoins Worth Buying Before the Next Market Move

U.S. Economic Data: PPI is anticipated to tick up 0.6% month-to-month, while retail sales are projected to move higher by 0.3%. Solana (SOL), XRP, Hyperliquid (HYPE), Zcash (ZEC), and Sui (SUI) could react to changes in market sentiment following the releases. The relief rally will be driven by cooler inflation, and if the producer price index is higher, then there will be worries about interest rates and pressure on risk-on crypto assets. U.S. PPI and retail sales are set to be released at 8:30 a.m. ET.

Source: CryptoNewsLand