🚨 US CPI Came in Hotter Than Expected… Is $BTC
in Trouble? 📉
The September CPI report is raising fresh concerns about the Fed’s fight against inflation.
📊 Here’s what the numbers show:
🔹 Headline CPI: +0.6% MoM, in line with expectations
🔹 Annual inflation: Climbed to 3.7% from 3.4%
🔹 Core CPI: +0.3% MoM and +2.6% YoY
🔹 Gasoline prices: Surged 9.1% in September ⛽
⚠️ What could this mean for Bitcoin?
Persistent inflation could make it harder for the Fed to cut interest rates, potentially putting pressure on risk assets like $BTC .
Keep an eye on the Fed’s next move and BTC’s reaction. Volatility could be just around the corner! 👀
📌 Source: Official BLS report.
#Bitcoin #BTC #CPI #Inflation #CryptoNews
in Trouble? 📉
The September CPI report is raising fresh concerns about the Fed’s fight against inflation.
📊 Here’s what the numbers show:
🔹 Headline CPI: +0.6% MoM, in line with expectations
🔹 Annual inflation: Climbed to 3.7% from 3.4%
🔹 Core CPI: +0.3% MoM and +2.6% YoY
🔹 Gasoline prices: Surged 9.1% in September ⛽
⚠️ What could this mean for Bitcoin?
Persistent inflation could make it harder for the Fed to cut interest rates, potentially putting pressure on risk assets like $BTC .
Keep an eye on the Fed’s next move and BTC’s reaction. Volatility could be just around the corner! 👀
📌 Source: Official BLS report.
#Bitcoin #BTC #CPI #Inflation #CryptoNews