September CPI came in hotter than expected: 3.7% year over year, with a 0.6% monthly jump driven largely by a 9.1% rise in gasoline. BTC slid from about $85.8K to $83.1K over the same stretch.
A hotter print raises the odds of a hawkish Fed, but an October hike isn’t locked in, and inflation alone doesn’t explain the pullback. The real question is whether the energy-driven spike proves temporary or broadens out.
Will sticky inflation keep BTC under pressure? Check the full analysis on the KuCoin Blog 👇
https://t.co/hYe2Dczkk3