CoinShares: Bitcoin to stay rangebound until US inflation data clarifies Fed path

• —US September CPI rose 3.7% year-on-year, above the 3.6% forecast; core inflation was 2.6%
• —Retail sales climbed 0.8% month-on-month versus roughly 0.3% expected
• —Odds of an October 27–28 rate hike fell from 54% to about 15% after Warsh's remarks
• —Global crypto investment products posted $434 million in weekly outflows