In September, the US CPI increased by 0.3%, outpacing Bitcoin gains.

US Consumer Price Index Rises

The US Consumer Price Index (CPI) increased by 0.3% in September. This rise was below market expectations of 0.4%. The core CPI rose by 0.2%, which was also below the expected rate of 0.3%.

Bitcoin Continues to Rise

Following the release of this data, Bitcoin has continued to gain value. Currently, Bitcoin is trading at around $111,600. Investors are cautiously navigating the cryptocurrency market in light of these developments.