How did economic indicators such as the Consumer Price Index affect Bitcoin’s price movements in October 2025?
Why is this the correct answer?
This is correct because on October 22 the Consumer Price Index showed lower inflation, which eased concerns about rate hikes and led traders to buy Bitcoin. Prices moved from under $110,000 to over $114,000 in response. For beginners this illustrates how macroeconomic reports like the CPI can directly impact cryptocurrency markets by influencing perceptions of monetary policy and risk assets.
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