The Bureau of Labor Statistics reported on October 10 that the consumer price index (CPI) rose 2.4% month-on-month in September, the lowest level since February 2021. Leena El Deeb, research analyst at 21Shares, explains: "Bitcoin and crypto assets more broadly are particularly sensitive to inflation indicators as they heavily influence the Federal Reserve's monetary policy decisions. The CPI data will have a positive impact on bitcoin prices as borrowing costs are reduced. As a result, we expect a recovery in market flows following recent geopolitical tensions that have disrupted the financial landscape."