đš US CPI Tomorrow: Bitcoin Faces Another Macro Test
After last weekâs stronger-than-expected jobs report, markets are turning their attention to inflation.
đșđž October US CPI is scheduled for November 10 at 8:30 AM ET (9:30 PM Taiwan time).
Market estimates suggest headline inflation could reach around 3.9% year-over-year, up from 3.7% in September.
For Bitcoin, the key question isnât just the CPI numberâitâs how the data could reshape Fed rate expectations.
đ Hotter inflation could reinforce a higher-for-longer rate outlook.
đ Softer inflation could ease some pressure on risk assets.
But neither outcome guarantees Bitcoinâs next move.
After jobs, inflation is the next test. Is BTC ready for another volatility event?
#Bitcoin #CPI #FederalReserve #Crypto #MarketWatch
After last weekâs stronger-than-expected jobs report, markets are turning their attention to inflation.
đșđž October US CPI is scheduled for November 10 at 8:30 AM ET (9:30 PM Taiwan time).
Market estimates suggest headline inflation could reach around 3.9% year-over-year, up from 3.7% in September.
For Bitcoin, the key question isnât just the CPI numberâitâs how the data could reshape Fed rate expectations.
đ Hotter inflation could reinforce a higher-for-longer rate outlook.
đ Softer inflation could ease some pressure on risk assets.
But neither outcome guarantees Bitcoinâs next move.
After jobs, inflation is the next test. Is BTC ready for another volatility event?
#Bitcoin #CPI #FederalReserve #Crypto #MarketWatch