US inflation came in hotter than expected today. 3.7% for the year vs 3.6% expected. Core 2.6% vs 2.5%. The main reason is fuel. Gasoline jumped 9.1% in one month, more than half the whole increase. Oil is around $105 because of Middle East tension.
Why it matters for crypto: The Fed meets 27–28 Oct. A few weeks ago everyone expected rate cuts. Now some people are talking about a hike. Higher rates mean a stronger dollar and less money flowing into risky assets like crypto. You can see it already. $BTC around $81.7K, down 2% and near the day’s low. $ETH lost $2,500. Even gold is down, which tells you this is about the dollar and rates, not crypto itself.
But core inflation barely moved. If Powell calls this an oil problem and sounds calm, the market could bounce fast.
I’m holding some cash and watching $80K on BTC before I do anything.
I literally talked about $GRIOT a few minutes ago… and boom. I still believe this could be one of the standout meme coins of the next bull run. I’m holding, but please don’t follow me blindly. Memecoins can be extremely volatile. Do your own research and manage your risk. NFA.
I don’t normally talk about one token this much. So if you keep seeing me mention it, understand that I’ve seen something worth paying attention to. That doesn’t mean follow blindly.
It seems so strange that we sometimes see opportunities slip right by us. I saw $GRIOT at $5K marketcap just 3days ago. today its over $300K Marketcap. I thinkbthis toke would sooner or later hit $1million Marketcap.
Cz always dresses in his destinations attire to appreciate their culture. if he were to visit my country this is how he would dress like. share how CZ will dress should he visits your country. #CZ
After almost 10 years in crypto, one thing I’ve learned is this: The best tokens are rarely built on sudden pumps. Because sudden pumps often come with sudden dumps. The projects that last are usually the ones that move through building, consistency, and a strong community that actually believes in the vision.
That’s why I’m no longer excited by jumping into just any token. I pay attention to the community, the incentives, the mindset, and whether people are genuinely willing to hold and build together. We gave $GRIOT a chance…
and I’m already starting to see the results. Strong community. Strong conviction. Real building. That’s the kind of foundation I want to see.