🚨 Hotter US CPI Hits the Market: $BTC Drops, Fed Rate Hike Incoming? Inflation just came in hotter than expected, and crypto took an instant hit. 😬 US CPI printed at 3.7% year-over-year for September (above the 3.6% forecast), while Core CPI bumped up to 2.6%. The main culprit? Gas prices, which skyrocketed over 27% compared to last year. 📊 The Immediate Market Reaction: 🔹 BTC quickly slipped from ~$83,860 down to $82,731 before finding its footing near $83,125. 🔹 Gold also dropped from $4,153 to $4,117/oz as the US Dollar holds near 18-month highs. 📌 Why does this matter? When inflation stays stubborn, the Federal Reserve gets hawkish. Higher interest rates pull capital out of yield-free assets like gold and risk-on plays like crypto. With the next Fed meeting set for Oct 27–28, traders are now pricing in higher odds of another rate hike before the year ends. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#