Monday, October 26, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Bitcoin Under Pressure As US Inflation Fears Persist

Bitcoin Under Pressure As US Inflation Fears Persist

Photo: Cointribune

The weakness of American consumers would normally have strengthened expectations of rate cuts and supported bitcoin. But the simultaneous rise in inflation expectations creates a less favorable scenario: a fragile economy without rapid monetary easing. The University of Michigan consumer confidence index stood at 48 points in October, compared to 48.1 in September. This monthly stability masks a still very degraded level , 10.4% lower than that of October 2025 and 15% below that of February. Current economic conditions mainly declined by 8.3% in one month, from 50.9 to 46.7 points.

Source: Cointribune

Latest in Crypto Today

All Crypto Today stories