Bitcoin Price Reacts to Higher-Than-Expected US CPI Numbers for September

Bitcoin Price Reacts to Higher-Than-Expected US CPI Numbers for September

The United States Consumer Price Index measured an increasing inflation rate of 2.4% in September compared to the same month last year. However, this number was slightly higher than anticipated, which could trigger more changes in the US Fed’s monetary policy. The general expectations estimated a 0.1% increase of the CPI for September compared to…