Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table

Crypto Insight Summary: September CPI hit 3.7%, above forecasts, sending Treasury yields higher and dragging crypto down with stocks. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Higher inflation and expected rate hikes pressure risk assets.