US inflation rises: What the new figures mean for Bitcoin and the Fed

US inflation rose more than expected in October, reinforcing expectations that the Federal Reserve will raise interest rates in December. The article says a December rate hike is now seen as nearly certain, which could weigh on bitcoin because tighter monetary policy tends to reduce appetite for risk assets. It does not cite specific token prices, total value locked, trading volumes, market capitalization or funding figures. The key takeaway is that macro data, rather than crypto-specific news, is driving sentiment toward bitcoin. What to watch next is the Fed’s December decision and whether incoming inflation data shift expectations for the pace of tightening.