Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike

Crypto Insight Summary: The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Higher-than-expected inflation raises odds of imminent Fed rate hike, pressuring risk assets.