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Crypto Macro

US October CPI Tops Forecasts; Bitcoin, Ether Fall

US October CPI topped forecasts, with a gap in October 2025 data leaving headline and core CPI without annual readings. Ether slipped 1.9% around the release, while bitcoin also fell. The missing annual figures limit the inflation picture for markets.

Original source

AI take

The missing annual readings are the real story here: a CPI print that beats forecasts but lacks year-over-year context leaves markets pricing off partial data, which is a fragile basis for risk positioning. The muted reaction in ether and bitcoin suggests the crypto market treated this as a data-quality problem rather than an inflation surprise. Whether the missing readings get resolved, and how digital assets trade once a fuller inflation picture returns, is the open question worth tracking.

Generated by AI for reference only.

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