BTC plunges 1.18% in 15 min: PPI beats expectations and escalating geopolitical risks add macro pressure, driving a short-term pullback

From 15:45 to 16:00 on September 11, 2026 (UTC), BTC fell rapidly over 15 min, with Return % reaching -1.18%, a price range of 77,322.3 to 78,660.8 USDT, and an Ampl of 1.70%. Macroeconomic bearish factors were released in a concentrated wave, intensifying market volatility.

The primary driver of this abnormal move was stronger-than-expected U.S. August PPI data. U.S. August PPI rose 5.4% year over year, core inflation remained above the FED's target, and services inflation stayed stubbornly high. After the data release, traders clearly shifted their expectations toward a 25-bps FED rate hike next week, while a stronger DXY directly pressured BTC's USD-denominated price. The 10-year U.S. Treasury Yield climbed to around 4.8%, creating significant selling pressure on non-yielding Assets.

Meanwhile, geopolitical risks resonated with macroeconomic factors. The U.S.-Iran conflict remains unresolved, Iran's military threatened to escalate its response, and shipping through the Strait of Hormuz faced threats, pushing Brent crude above $108. Higher oil prices intensified inflation expectations and further reinforced the FED's hawkish path. This macro transmission chain simultaneously affected precious Metals and Crypto Assets: gold fell nearly 1% and silver dropped 1.58%, with safe-haven and risk Assets coming under pressure at the same time, reflecting the market's repricing of the “higher for longer” Interest Rate scenario. BTC retreated intraday from around $79,238 to approximately $77,760, a relative decline of about 1.19%, showing comparatively strong resilience and indicating that the Crypto market's reaction to this macro shock was relatively limited.

Going forward, close attention should be paid to next week's FED Interest Rate meeting, the effectiveness of the $76,000 support level, and movements in the DXY and oil prices. The current 4-hour MA has turned bearish, with a significant concentration of sell walls in the $77,770–$77,790 range, creating short-term resistance. However, the daily uptrend remains intact, and the tug-of-war between bulls and bears continues.