
Hot US inflation (Sept CPI 3.7%) has markets pricing a possible Fed rate hike at the Oct 27-28 meeting. Higher rates make safe Treasury bonds more attractive than Bitcoin (which pays zero yield), so BTC has been stuck around $80-85k and trading like a leveraged risk asset. China’s stronger-than-expected 4.5% GDP print just gave risk assets a bounce, lifting BTC briefly toward $83k. High oil prices from global tensions are keeping inflation sticky. Bottom line: watch the Fed decision—if they pause or ease, liquidity usually helps BTC; if they hike, expect more pressure. Not financial advice—DYOR!
