Bitcoin and Ethereum Rise as Inflation Cools in September
Bitcoin and Ethereum rose after softer U.S. inflation data revived hopes for Fed rate cuts and renewed confidence in crypto markets.
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Bitcoin and Ethereum rose after softer U.S. inflation data revived hopes for Fed rate cuts and renewed confidence in crypto markets.
Markets rose as easing inflation fueled bets on two Fed rate cuts this year, with bond yields falling and the dollar retreating.
U.S. inflation cooled to 3% in September, below forecasts, reinforcing expectations for a Federal Reserve rate cut next week.