🔴 FETH is trading 3.93% down as hotter-than-expected CPI weighs on crypto markets

FETH is trading at $23.22, down 3.93%, with the decline appearing tied to macro-driven crypto weakness.

• September CPI, released October 14, showed inflation of 3.7% year over year versus 3.6% expected; core CPI also exceeded forecasts.
• The surprise renewed concerns that interest rates could stay higher for longer, weighing on risk-sensitive assets; Ethereum and broader crypto markets remained weak on October 15.
• No company-specific FETH catalyst was identified; the move appears tied to macro-driven crypto weakness.