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Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table
U.S. consumer prices rose 3.7% year over year in September, above the 3.6% forecast, as gasoline jumped 9.1% in a single month.
Odds of an October Fed rate hike roughly doubled from 22% after the report, and the 10-year Treasury yield climbed to about 5.3%.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.