PPI Day Is Here: 5 Altcoins to Risk on as 5.3% Decides Whether Crypto Pumps, Dumps or Goes Sideways

Higher inflation could strengthen rate-hike expectations and pressure altcoins. Softer producer inflation could improve risk appetite across crypto. Initial volatility could fade as traders wait for Friday's CPI data and further Federal Reserve signals. U.S. PPI data arrives today, with the 5.3% market expectation becoming the key level for traders. Higher reading may lead to higher rate concerns, and lower reading may lead to a bette…