Tap the live BTC and ETH tags below to verify current order book depth.
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🌐 CRYPTO ASSETS
$BTC is near $82,850, down about 1.2% on the day after opening near $83,700, as a stronger dollar adds pressure ahead of CPI. The $80,000 level remains the key support to watch.
$ETH is near $2,525, down about 0.4%, following a low near $2,495 last week. It is sitting on its 50-day average as traders assess whether support can hold ahead of the inflation report.
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🛢️ ENERGY VECTORS
Brent crude is near $104 after spiking above $105.50 following Houthi attacks on Riyadh's airport over the weekend, then fading. WTI crude is near $91.
Oil remaining above $100 keeps inflation fears alive, complicating the outlook for risk assets as markets approach the next US inflation report. Energy prices remain a key macro variable alongside the dollar and Treasury yields.
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🏦 FEDERAL RESERVE
The Fed funds rate stands at 3.75%-4.00%, with the next decision scheduled for Oct 28. October hike odds are about 17% to 19%, while markets assign about 84% odds of at least one hike by December.
The 10-year Treasury yield closed Friday at 5.24%, while September CPI is due Wednesday Oct 14, forecast near 3.7% versus 3.4% before, with core near 2.4%. US bond markets are closed Monday for Columbus Day, leaving the CPI release as the next major scheduled data point in this setup.
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📊 TRADER CAPITAL TEST
Does staying defensive with cash and short-duration exposure into CPI offer the stronger position?
Or can $BTC and $ETH hold key support levels through the inflation catalyst?
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💬 Risk-on or risk-off?
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