đš US CPI Came in Hotter Than Expected⊠Is $BTC
in Trouble? đ
The September CPI report is raising fresh concerns about the Fedâs fight against inflation.
đ Hereâs what the numbers show:
đč Headline CPI: +0.6% MoM, in line with expectations
đč Annual inflation: Climbed to 3.7% from 3.4%
đč Core CPI: +0.3% MoM and +2.6% YoY
đč Gasoline prices: Surged 9.1% in September âœ
â ïž What could this mean for Bitcoin?
Persistent inflation could make it harder for the Fed to cut interest rates, potentially putting pressure on risk assets like $BTC .
Keep an eye on the Fedâs next move and BTCâs reaction. Volatility could be just around the corner! đ
đ Source: Official BLS report.
#Bitcoin #BTC #CPI #Inflation #CryptoNews
in Trouble? đ
The September CPI report is raising fresh concerns about the Fedâs fight against inflation.
đ Hereâs what the numbers show:
đč Headline CPI: +0.6% MoM, in line with expectations
đč Annual inflation: Climbed to 3.7% from 3.4%
đč Core CPI: +0.3% MoM and +2.6% YoY
đč Gasoline prices: Surged 9.1% in September âœ
â ïž What could this mean for Bitcoin?
Persistent inflation could make it harder for the Fed to cut interest rates, potentially putting pressure on risk assets like $BTC .
Keep an eye on the Fedâs next move and BTCâs reaction. Volatility could be just around the corner! đ
đ Source: Official BLS report.
#Bitcoin #BTC #CPI #Inflation #CryptoNews