In today's Crypto Daybook, all eyes are on the Producer Price Index (PPI) report set for release at 8:30 a.m. on February 13, following the recent Consumer Price Index (CPI) data that caused market volatility. Analysts predict the year-over-year PPI to decrease to 3.2%, amid pressure on the Federal Reserve to potentially adjust its monetary policies. Hot inflation data may hinder interest rate cuts by the Fed, affecting risk assets negatively, while softer data might benefit these assets. Major cryptocurrencies like Bitcoin and Ethereum experienced slight declines, with Bitcoin priced at approximately $96,206.67. Coinbase is expected to report its fourth-quarter earnings today, which could also influence market dynamics. Moreover, various token events, governance votes, and unlocks scheduled in the coming days highlight ongoing activity in the crypto space. Noteworthy economic indicators are anticipated to shape both cryptocurrency and broader market performance.

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