U.S. October CPI: +0.4% month over month (vs. +0.3% expected, +0.6% prior); core CPI +0.3% month over month (vs. +0.2% expected, +0.3% prior)—both above expectations. Year-over-year figures were not released because the government shutdown last October left no comparison base. BTC and ETH pulled back briefly after the data was released.
BTC $73,926; resistance references: $74,216 / $75,477; support references: $73,400 / $73,000. ETH $2,065.83; resistance references: $2,096 / $2,149; support references: $2,031 / $2,000.
On the radar tomorrow: U.S. October PPI on Friday; shifts in rate-hike expectations ahead of the Federal Reserve meeting on December 8–9.
Prices are Coinbase spot prices, for reference only, and do not constitute investment advice.
BTC $73,926; resistance references: $74,216 / $75,477; support references: $73,400 / $73,000. ETH $2,065.83; resistance references: $2,096 / $2,149; support references: $2,031 / $2,000.
On the radar tomorrow: U.S. October PPI on Friday; shifts in rate-hike expectations ahead of the Federal Reserve meeting on December 8–9.
Prices are Coinbase spot prices, for reference only, and do not constitute investment advice.