The recently released US CPI data for October shows inflation rising lower than expected, leading the market to anticipate that the Fed will soon ease monetary policy. As inflationary pressures decrease, the likelihood of maintaining high interest rates for an extended period will be lower — and this is seen as a supportive signal for risk assets, including Bitcoin and the crypto market.
In the short term, optimistic sentiment is returning after the CPI report, as capital flows tend to seek assets with higher profit potential. With the global liquidity context potentially improving in the coming time, Bitcoin is expected to benefit the most, especially as many investors continue to view BTC as a hedge against long-term currency risks.
However, the market still remains sensitive to the Fed's upcoming decisions. Investors should keep an eye on the forthcoming macro data and adjust their strategies accordingly.
Quick summary:
✅ CPI cools down → positive for the market
✅ Expectation that the Fed will ease sooner
✅ BTC & Crypto reacts positively
⚠️ Still need to monitor the Fed's policy in the upcoming meetings
#CPI #Bitcoin #CryptoNews #Fed #BinanceFeed #MarketUpdate #Write2Earn
