Crypto Market, Stocks, and ETFs Build Momentum Ahead of US CPI Print, China-US Meeting

All eyes on US CPI: a cooler inflation reading could spark Fed rate cuts, new ETF inflows, and a fresh crypto market rally. | Credit: CCN.
All eyes on US CPI: a cooler inflation reading could spark Fed rate cuts, new ETF inflows, and a fresh crypto market rally. | Credit: CCN.

Key Takeaways

  • The US CPI data could be the key catalyst for crypto bulls in the last week of October.

  • The bullish scenario could lead to favorable rate cuts, while bearish data could delay it.

  • The crypto market, ETFs, and equities have turned bullish this week.

It’s not every day that markets hang on to a single data release — and on a Friday, no less.

With the U.S. government shut down for a third straight week, nearly all official economic reports are frozen.

That leaves the September Consumer Price Index (CPI) as the lone piece of data standing between investors and…

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