Bitcoin Price Falls Below $83K as Liquidations Hit $697M 
Robinhood Buys $25 Million in Bitcoin for Corporate Treasury 
Evernorth XRPN Nasdaq Listing Delayed to October 12 
Chainlink Price Drops 3% Despite New CCIP Vault Launch 
Zcash Privacy Demand Rises as AI Exposes Bitcoin Transactions 
Solana Price Drops 3% Despite Samsung USDC Partnership 
Cardano Hits Record 436 TPS as Network Scaling Advances 
Circle Stock Falls 4% as Crypto Selloff Overshadows SAP Pay Expansion 
Ethereum Price Drops Below $2,600 as Long Liquidations Hit 4-Month High 
Litecoin Marks 15 Years as Grayscale Backs LTC ETF Push 
David Schwartz to Reveal XRP Ledger Future at Ripple Swell 2026 
Kazakhstan and Tether Explore Tenge Stablecoin and RWA Tokenization 
Add as a preferred source on Google
Market participants and economists were taken by surprise as Reserve Bank of Australia's (RBA) preferred measure of inflation dipped to three year low in third quarter.
- CPI rose by 0.5% in third quarter compared to 0.7% in the second and up 1.5% for 12 months to September.
- However, Reserve Bank of Australia's preferred measure trimmed inflation rose only by 0.3% in third quarter, which is weakest since third quarter last year. Yearly CPI came at 2.1%, against median expectation of 2.4%, which is lowest since second quarter of 2012.
Breakdown of key components -
- Most significant price rises were observed in Fruit (+8.2%), Travel and accommodation (4.6%), Property rates and charges (+4.6%).
- Biggest contributors to the drop were Vegetables (-5.9%), Telecommunication equipment and services (-2%) and Automotive fuel (-1.7%).
Australian Dollar has taken a sharp hit as the drop was significant and moreover unexpected. Australian Dollar is currently trading at 0.712 down close to 80 pips from today's high.
