• The US Consumer Price Index rose 0.4% in October, above the 0.3% forecast and down from 0.6% in September, the Bureau of Labor Statistics said Tuesday.

• Crypto’s total market capitalization fell to about $2.46 trillion within hours of the report, with Ether, XRP, and Solana all declining more than Bitcoin.

• The Crypto Fear and Greed Index slipped to 26 from 32 shortly before the release, as roughly $200 million in leveraged positions were liquidated in the hour after the data landed.

The US Consumer Price Index rose 0.4% in October, above the 0.3% forecast and down from 0.6% in September, the Bureau of Labor Statistics reported Tuesday, broadly sending crypto prices lower within hours of the release.