Crypto News Today: Bitcoin Dips on Inflation as Smart Money Loads Pepeto
When crypto news today reads like one endless red screen, the real cause is at the gas pump. U.S. inflation hit 3.7% in September, beating the 3.6% forecast, as Yahoo Finance reported, and Bitcoin slid to around $81,000. The details are calmer. Gasoline rose 9.1% and drove more than half the monthly jump, while core prices added only 0.3%, The Crypto Times notes. In past selloffs, the bottom often came right after crowded long bets were wiped out.