📉 Inflation Cools, Crypto Heats Up? 🔥

The US Bureau of Labor Statistics just dropped some spicy numbers! The Consumer Price Index (CPI) rose at a 2.4% annual rate in September, its lowest since Feb 2021. While still above the expected 2.3%, it's a far cry from the 9.1% peak in June 2022.

Why should you care? Lower inflation could mean interest rate cuts, making it cheaper to borrow and invest in riskier assets like Bitcoin. 🤑

21Shares' Leena ElDeeb says a rate cut is 80% likely next month. Will Bitcoin bounce back? Share your thoughts below! 🚀

#CryptoNews #Bitcoin #Inflation