Jake Ostrovskis, a trader at cryptocurrency market maker Wintermute: The US PPI and CPI fell short of expectations, alleviating concerns about the macroeconomy and allowing traders to refocus on the upcoming catalysts in the cryptocurrency space. 
The warning from the options market suggests that traders are betting on increased volatility by the end of January, indicating that the market may be pricing in Trump's inauguration next Monday

Jake Ostrovskis, a trader at the cryptocurrency market maker Wintermute, stated that the U.S. PPI and CPI data fell short of expectations, alleviating concerns about the macroeconomy, and traders are beginning to focus on the upcoming cryptocurrency catalysts. Meanwhile, the options market warns that traders expect volatility to increase by the end of January, as the market may be pricing in Trump's inauguration news ahead of time

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