The latest report from QCP Capital noted that the US CPI data released last night was in line with expectations, with the core CPI edging up to 0.3% month-on-month, higher than the estimated 0.2%. This raised the probability of the Federal Reserve cutting interest rates by 25 basis points to 85%, the highest level in a month. In the crypto market, BTC rallied from an intraday low and re-stood at $57,000, showing strong demand and growing bullish sentiment. This is reflected in options activity, with more and more investors buying call options expiring between October and December. This week, BTC volatility dropped by 12 points due to the release of CPI data and the impact of the presidential debate. With no major macro events in the near future, we expect volatility to continue to decline ahead of next week's Federal Reserve meeting. The market is gathering momentum in light of the upcoming interest rate cut and significant economic positive events such as the US Presidential Election.