📉 Inflation cools, Bitcoin chills!
- US inflation dipped to 2.4% in September, its lowest since Feb 2021.
- This fuels hopes for interest rate cuts, potentially boosting Bitcoin and other cryptos.
- Despite this, Bitcoin remains in a slump, down 1.6% at $60,604.
- Lower borrowing costs could spark more crypto investments.
- The Fed faces mixed data: strong GDP growth but rising jobless claims.
- Markets now see an 89% chance of a rate cut in November.
Stay tuned, crypto enthusiasts—exciting times ahead! 🚀