US October CPI just dropped and it's HOTTER than expected đ„
CPI: +0.4% MoM (est. +0.3%)
Core CPI: +0.3% MoM (est. +0.2%)
Both metrics beat expectations. Stickier inflation = Fed might hold rates longer = pressure on risk assets including crypto.
Note: YoY data missing due to Oct 2025 government shutdown (data gap).
Watch how $BTC reacts to this. If macro stays hawkish, we could see more chop before the next leg up. Risk-on or risk-off? Markets will tell us soon.
CPI: +0.4% MoM (est. +0.3%)
Core CPI: +0.3% MoM (est. +0.2%)
Both metrics beat expectations. Stickier inflation = Fed might hold rates longer = pressure on risk assets including crypto.
Note: YoY data missing due to Oct 2025 government shutdown (data gap).
Watch how $BTC reacts to this. If macro stays hawkish, we could see more chop before the next leg up. Risk-on or risk-off? Markets will tell us soon.