US CPI Rises to 3.7%: What Bitcoin Investors Should Watch Next
Photo: Coindoo
Key Takeaways Headline CPI rose 0.6% in September and 3.7% year over year. Core inflation held at 0.3% for the month but reached 2.6% annually. Gasoline rose 9.1%, while shelter also accelerated during the month. A daily Bitcoin close above $80,500 remains an immediate chart checkpoint. PPI, retail sales and a Fed speech could shape the next macro response. The September report was broader than one jump in gasoline The Bureau of Labor Statistics said the Consumer Price Index rose 0.6% on a seasonally adjusted basis in September, following a 0.4% increase in August.
Source: Coindoo
