November PPI data shows producer price inflation surging to 3.0% year-over-year, significantly above the 2.7% forecast and marking the highest reading since July 2025. Bitcoin is holding around $95,000 as the upside surprise reinforces concerns about sticky inflation pressuring the Fed’s ability to cut rates aggressively in 2026. Monthly PPI came in at 0.2% as expected, but the annual acceleration to 3.0% signals producer-level price pressures remain elevated and could eventually pass through to consumer prices. The PPI surprise matters because producer prices are a leading indicator for consumer inflation—higher wholesale costs typically flow through to retail prices with a lag. With yesterday’s December CPI already showing headline inflation stuck at 2.7% and core at 2.6%, both well above the Fed’s 2% target, today’s hot PPI reading suggests the inflation pipeline remains clogged. The combination of elevated producer prices and stubborn consumer inflation creates the exact “ higher for longer ” scenario Powell warned about, where the Fed keeps rates at 3.50%-3.75% through at least Q1 2026 rather than delivering the aggressive easing crypto markets priced in earlier. Bitcoin’s technical setup remains under pressure with support at $88,000-$90,000 and resistance at $92,000. As it stands now, traders digest whether the PPI shock forces the Fed to reconsider even its reduced two-cut guidance for 2026. Source: TradingView Any break below $90,000 support again could trigger another leg down toward November’s $88,500 low, while a sustained hold above $95,000 suggests the market has fully priced in the Fed’s cautious stance. PPI Shock: Producer Prices Hit 7-Month High – Bitcoin to Rally Next? The post [LIVE] Bitcoin Price Alert: November PPI Surges to 3.0% vs 2.7% Expected — Highest Since July Pressures Fed appeared first on Cryptonews .