🔴 CONY is trading 3.49% down today after hotter-than-forecast CPI raised rate concerns

CONY is trading at $18.53, down -3.49%, as hotter-than-forecast September CPI raised rate concerns.

• September CPI was hotter than forecast: headline inflation reached 3.7% year over year and core CPI 2.6%.
• Bitcoin also fell after the release, adding pressure to risk-sensitive crypto-linked assets. CONY is designed to generate income through options tied to Coinbase shares.
• No clear CONY-specific catalyst was identified; broader market and crypto weakness are the likeliest context, not a confirmed company-specific cause.