Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) traded sideways after October CPI came in hotter than expected, strengthening the case for another Fed rate hike. October CPI Comes In Hotter Than Expected Headline CPI rose 0.4% in October, above the 0.3% forecast, while core CPI climbed 0.3% versus the 0.2% economists expected, as reported by Bloomberg.