The US Consumer Price Index (CPI) for September, released by the Bureau of Labor Statistics, revealed a year-over-year increase of 3%. This figure came in lower than anticipated expectations, which were predicting both regular and core CPI rises of 3.1% YoY. **Bitcoin prices surged past $112,000 following this news.** [Source: Twitter post by @Crypto_Potato](https://twitter.com/Crypto_Potato/status/su3J053ttZ) The release was delayed due to the US government shutdown, which also impacted other activities. Despite these delays, actual numbers were slightly lower than anticipated. Prior to the CPI release, many experts expected inflation to continue rising, particularly in goods affected by tariffs. This news suggests a positive outlook for riskier assets like Bitcoin. The graph reveals that Bitcoin price reacted instantly and rose to $112,000 before retracting slightly shortly after.