$BTC: U.S. Inflation for September Worse Than Expected, Pain for Stocks and Crypto

On Thursday (October 13), U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) Summary, revealing that U.S. inflation went up more in September than was expected, which means we cannot expect the Fed to pivot from its hawkish stance any time soon.

According to the press release issued by U.S. Bureau of Labor Statistics at 8:30 a.m. (ET), the Consumer Price Index for All Urban Co