🚨 BREAKING: US September CPI came in hotter than expected at 3.7% YoY vs 3.6% forecast 📈
Hotter inflation makes it harder for the Fed to ease policy soon, which can pressure risk assets like crypto. Core CPI also ran above estimates at 2.6%.
BTC moved -0.87% in the last hour 🔴↓
Short take: macro data is driving the moves right now, and traders are repricing rate expectations fast.
How do you read the Fed's next move? 🤔
Follow me for breaking crypto news 🔔
$BTC #BreakingNews #CryptoNews #Bitcoin
Hotter inflation makes it harder for the Fed to ease policy soon, which can pressure risk assets like crypto. Core CPI also ran above estimates at 2.6%.
BTC moved -0.87% in the last hour 🔴↓
Short take: macro data is driving the moves right now, and traders are repricing rate expectations fast.
How do you read the Fed's next move? 🤔
Follow me for breaking crypto news 🔔
$BTC #BreakingNews #CryptoNews #Bitcoin