US Inflation Beats Estimates and Pressures Bitcoin Price
October data shows a 0.4% CPI increase and fuels expectations for Federal Reserve rate hikes
The United States Department of Labor reported that the Consumer Price Index rose 0.4% in October. The core index, which excludes food and energy, climbed 0.3%. Both results exceeded market projections.
Year-over-year comparative data was unavailable due to a government shutdown in October 2025. The Bureau of Labor Statistics stated that the technical failure prevents a reliable analysis compared to the same period last year.
Experts note that inflation remains persistent in the services sector. This scenario strengthens the likelihood of an interest rate hike during the Federal Reserve meeting in December.
Bitcoin reacted with immediate volatility to the announcement. The cryptocurrency lost the 74,000 dollar support level and began trading around 73,600 dollars.
The chances of monetary tightening by the US central bank at the final meeting of the year exceed 90%. Global financial markets are watching the impact of this policy on risk asset liquidity with caution.
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