Ahead of the data, traders had fully priced in a Fed rate hike at the bank’s December meeting.
U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%
More in Bitcoin
See all
Canaan Q3 2026 results show $8M net income as revenue falls to $14.5M
Canaan’s Q3 2026 results showed a return to profit despite sharply lower sales: revenue reached US$14.5 million , versus US$150.5 million a…
The Cryptonomist
36 minutes ago
Bitcoin Rebounds Above $75,000 as Traders Weigh Dead-Cat Bounce
Bitcoin climbed back above $75,000 on Monday, but the move did not settle the debate. The crypto Fear and Greed Index stayed…
TCU
41 minutes ago
Hot US CPI Wipes Out $200 Million in Crypto Bets
A hotter-than-expected US Consumer Price Index (CPI) report wiped out about $200 million in leveraged crypto bets within five minutes on Tuesday.…
BeInCrypto
53 minutes ago
