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The Fed's favorite inflation gauge came in cooler than expected, rate-hike odds fell and Bitcoin traders took the hint.
The Federal Reserve’s preferred inflation gauge delivered a closely watched update.
Bitcoin gained 42.9% in the third quarter of 2026. Gold, stocks and nearly everything else spent the same stretch looking on from a distance.The rally ended a three-quarter losing streak. It also gave Bitcoin its best third quarter since 2017, which is a long time to wait for a summer worth remembe…