Bitcoin Faces a Tougher Rate Outlook After US October Inflation Rises 0.4%

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The latest US inflation report has given Bitcoin traders a fresh reason to watch the bond market rather than just the crypto charts. The Bureau of Labor Statistics reported on November 10 that consumer prices rose 0.4% in October , above the 0.3% monthly increase economists had broadly expected. Core prices, which exclude food and energy, increased 0.3%. The headline figure slowed from September’s 0.6% increase but still points to inflation pressures that the Federal Reserve cannot easily ignore. TL;DR: October US CPI rose 0.4% month on month and core CPI increased 0.3%. The hotter reading strengthened expectations of tighter monetary policy. For Bitcoin, the immediate transmission mechanism runs through interest-rate expectations, the dollar, liquidity and risk appetite—not a mechanical relationship between CPI and BTC.
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