US inflation data for October exceeded market expectations, according to CoinTelegraph. This unexpected rise has shifted trader sentiment regarding the Federal Reserve's upcoming policy decisions.
Following the inflation report, Bitcoin approached an 11-week low, while US stocks also felt pressure. Market participants now largely expect a quarter-point interest rate hike from the Fed in December, though the higher inflation figures have increased the probability of a half-point hike.
For Japanese investors, these developments underscore the continuing global impact of US monetary policy, which can influence currency flows and equity valuations in Japan's markets.