PANews reported on October 24th that according to The Block, Bitcoin prices climbed after the release of US CPI data. Analysts stated that while structural market risks remain, the CPI report eliminated significant policy uncertainty. Nic Puckrin, co-founder of The Coin Bureau, considered the data release "the most influential inflation report of the year," reducing uncertainty caused by government gridlock and paving the way for the Federal Reserve to extend its easing cycle. He noted that Bitcoin could reach a new high if it breaks through $116,500. He also noted that with reduced liquidity over the weekend and no negative news, investors could shift from gold to Bitcoin, driving its price higher. However, he warned that a prolonged government shutdown would dampen bullish sentiment and hinder policy implementation. If the shutdown continues into November, the crypto market structure bill and the approval of altcoin ETFs would be delayed, reducing the time available for legislation before the holiday.

Some experts urged caution. Before the CPI report was released, BRN Research Director Misir described the market as being in a "confidence verification phase." He warned that open interest in options contracts is nearing historical highs, exposing traders to negative gamma risk. A price reaching the liquidation point near $114,000 could trigger significant volatility, and the distribution of long-term holders is constraining ETF demand and fund accumulation. He believes that while the data eliminates policy uncertainty, structural vulnerabilities in the market remain, and the upward trend could reverse quickly.