🔴 BITX is trading 2.82% down today as hotter-than-expected CPI weighed on Bitcoin

BITX is trading at $18.75, a -2.82% move, as Bitcoin retreated after hotter-than-expected September inflation data.

• Annual CPI was 3.7%, above the 3.6% forecast; core CPI also exceeded expectations.
• The data renewed concern about higher interest rates and weighed on crypto markets.
• No BITX-specific announcement explaining the decline was identified; the move appears tied to Bitcoin’s macro-driven pullback rather than a company-specific catalyst.