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US Inflation Hits 3.7%, Sinking Bitcoin and Gold: Will the Fed Hike in October?

Published Source: BeInCryptoRead original

Crypto Insight Summary: US inflation hit 3.7% in September, beating forecasts. See how Bitcoin and gold reacted and what it means for Fed hikes. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Higher inflation raises rate hike odds, pressuring BTC prices.

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US Inflation Hits 3.7%, Sinking Bitcoin and Gold: Will the Fed Hike in October? — Crypto Insight