Live news: Bitcoin falls to nearly three-month low after disappointing inflation data
What CoinDesk reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Crypto news
- Published
- Evidence status
- Single attributed publisher report
What CoinDesk reports
A rate hike in December appears totally assured now, with Fed Governor Chris Waller suggesting even a 50-basis-point move could be appropriate.
The immediate significance
The report describes a short-term move involving bitcoin. Its significance depends on the size of the move, market breadth, liquidity and whether the conditions persist beyond one session.
What remains unknown
- The publisher summary does not establish causation between the named event and the market move.
- The report does not show whether the move persists across venues, liquidity conditions or a longer time window.
- No matched primary document independently supporting the central claim is linked to this page.
The named assets, right now
Spot quotes from Kraken, checked .
Related Articles And Podcast
Further reporting and analysis on this story.
Fed Holds Rates — Why Inflation Keeps Coming Back and What Happens Next for Bitcoin | Daily Crypto Deep Dive
The Federal Reserve has held interest rates steady — but the fight against inflation is far from over.
Read the notes and play the episode