**Crypto Market Update: Bitcoin Dips, CPI Report in Focus**
Bitcoin (BTC) is trading at $61,068.94, down 1.66% over the past 24 hours. The broader crypto market has also seen a 2% decline, as shown by the CoinDesk 20 Index. Investors are eyeing the upcoming U.S. CPI report, which could impact interest rates and crypto sentiment.
The Fed's September meeting minutes revealed a split on rate cuts, with most favoring a 0.5% reduction. Crypto sentiment has shifted to "fear" at 39, contrasting with equities' "greed" at 72.
Ether ETFs saw no activity for the second time this week, while Bitcoin ETFs experienced $30.5 million in outflows.
What are your thoughts on the current market trends? Share in the comments! 💬