📊 October CPI is out: +0.4% MoM — cooling from September’s 0.6%, but a little hotter than the 0.3% forecast. The numbers in the video: 1️⃣ Sept actual: +0.6% 2️⃣ Oct forecast: +0.3% 3️⃣ Oct actual: +0.4% (BLS, released today at 8:30 AM ET) What it means for crypto: inflation is still cooling, but came in above expectations — putting a little pressure on rate expectations. BTC was choppy between $75K–$77K today (Yahoo snapshots). One data point doesn’t make a trend — the next reading will say more. After volatility events, it’s better to watch the reaction over a full 24 hours, not just the first candle. 🧮 $BTC #CPI #Macro #Inflation

📊 October CPI is out: +0.4% MoM — cooling from September’s 0.6%, but a little hotter than the 0.3% forecast.

The numbers in the video:
1️⃣ Sept actual: +0.6%
2️⃣ Oct forecast: +0.3%
3️⃣ Oct actual: +0.4% (BLS, released today at 8:30 AM ET)

What it means for crypto: inflation is still cooling, but came in above expectations — putting a little pressure on rate expectations. BTC was choppy between $75K–$77K today (Yahoo snapshots).

One data point doesn’t make a trend — the next reading will say more. After volatility events, it’s better to watch the reaction over a full 24 hours, not just the first candle. 🧮

$BTC
#CPI #Macro #Inflation