🇺🇸 US Inflation Slowed, but Still Came In Above Expectations. What About $BTC ? September's +0.6% monthly CPI increase eased in October, but not as much as markets expected: 📊 Headline CPI: +0.4% vs. +0.3% expected 📊 Core CPI: +0.3% vs. +0.2% expected Core inflation, which excludes food and energy, has now remained at +0.3% for 3 consecutive months. Why does this matter for $BTC ? Higher-than-expected inflation gives the Federal Reserve more reason to keep interest rates elevated or raise them further. And higher borrowing costs generally make investors less willing to take on risk. 📉 Bitcoin dropped toward $73,500 shortly after the release. There's another detail worth watching: Fed Governor Christopher Waller said a 50-basis-point rate hike should be considered if core inflation reached 0.3% or higher. Today's report met that threshold, although no decision has been made. The Fed meets on December 8-9, just one day before the next CPI report. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#