$
⥠**Inflation is back in the spotlight, and crypto is paying attention.**
According to your source post, October CPI came in at **0.4% vs 0.3% expected**, with Core CPI at **0.3% vs 0.2% forecast**. đł For a market already on edge, a hotter print is the last thing traders wanted.
---
## đŠ The Fed Backdrop Was Already Tense
This wasn't a calm market to begin with. đȘïž
đč The Fed held its target range at **3.75%â4%** on October 28, with a 10â2 vote. Two officials, Lisa Cook and Beth Hammack, preferred a quarter-point **increase**.
đč The next meeting is **December 8â9**, so more data will arrive before policymakers vote again. đïž
đč Ahead of the CPI release, futures already priced a high chance of a December hike, about 77% in one report. đ
In that setting, a hotter number adds fuel to the fire. đ„
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## đ What the Post Says About Rate Expectations
đž A **25 bps December hike** remains the base case
đž **50 bps hike odds** reportedly jumped to **15.3% from 1.1%** â ïž
đž **Rate cuts** are being pushed further into **2027** âł
â ïž These figures come from your source post and I couldn't verify them independently.
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## âż Bitcoin Under Pressure
Bitcoin was already weak going in. Reuters reported on November 9 that BTC fell more than 2% to $73,708, its lowest since August. đ
Your post says BTC then dropped to **$73,762**, testing the **$73,100 200-day moving average**, with **$179Mâ$200M+** in leveraged positions liquidated. đ„
đŻ **Why $73.1K matters:** the 200-day MA is a widely watched trend line. Holding it keeps the bigger picture intact, while a clean break could invite more selling. âïž
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## đ Why CPI Hits Crypto
đč **Hot inflation â higher rate expectations.** đ
đč **Higher rates â stronger dollar and rising yields.** đ”
đč **Tighter liquidity â pressure on risk assets** like $BTC, $ETH and $XRP. đȘ
Bitcoin's supply rules don't change with a CPI report, but its **price reacts through liquidity and sentiment**. đ§
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## đ Headline vs Core
Headline CPI can be pushed around by energy. Core CPI, which strips out food and energy, shows underlying price pressure. đ§ In the previous report, gasoline jumped 9.1% and drove more than half the monthly headline increase, while core rose 0.3%. If core stays sticky, the Fed has less room to ease. đïž
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## đ What to Watch Next
đč Whether **BTC holds $73.1K** đĄïž
đč **Fed hike odds** on CME FedWatch đ
đč The **dollar index and Treasury yields** đ”
đč **Leverage and liquidation data** đ„
đč More **inflation and jobs data** before December 8â9 đïž
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## đŻ Final Thought
This is a **macro-driven test for crypto.** đ§Ș If $BTC defends its 200-day MA, bulls may argue the worst is priced in. If it breaks, another sell-off wave could follow. đ The Fed, the dollar and yields are in control for now. đŠ
â ïž *Not financial advice. Markets are volatile. Always DYOR.*
#CPI #Fed #Bitcoin #CryptoNews #Inflation
#StablecoinSupplyDrops$14.2BIn30Days #TradFiForBeginners #BitcoinETFsLose$1.6BInNovember #AnthropicDisclosesOver$10BNewComputeDeals
**Sources:**
- [Brave New Coin: Bitcoin CPI preview](https://bravenewcoin.com/insights/bitcoin-cpi-preview-inflation-three-tests)
- [CryptoActu: CPI and the December Fed decision](https://cryptoactu.com/cpi-americain-77-chances-dune/)
