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- US inflation continues to cool, with the CPI up just 2.4% year-on-year in September, its lowest level since February 2021.
- This could open the door to interest rate cuts, creating a favorable scenario for Bitcoin and other cryptos.
- According to 21Shares, there is an 80% chance of a 25 basis point cut in the next month.
- Although BTC is still trending negative, a rate cut could boost its recovery.
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