Rising interest rates rekindle inflation concerns, US stocks pull back, Bitcoin continues to probe lower in search of support.

BlockBeats news, October 8th, last night and this morning, the U.S. one-year inflation expectation rose to 3.9%, a more than three-year high, indicating improved labor market confidence. On the other hand, the minutes of the Federal Reserve's September meeting were released, with all 19 policymakers supporting a September rate hike but for different reasons, and most participants believed that another rate increase before the end of the year might be appropriate.

On the other hand, according to Axios, the Pentagon has asked U.S. Central Command (CENTCOM) to complete preparations to resume major combat operations against Iran, but Trump has not yet made a final decision, nor has a specific strike date been set. U.S. and Israeli officials said that if the operation restarts, the timing could fall before the (November 3) U.S. midterm elections, or even earlier than the (October 27) Israeli election.

As a result, the three major U.S. stock indexes fell back, the Nasdaq ended a five-day winning streak and the S&P moved away from a record high, while the Dow once dropped more than 1% during the session.

Among notable stocks, according to BIT (bit.com) market data, the chip index and bank stock index both closed down more than 1%, but Micron rose 4.06% against the trend; Meta fell more than 2%, and cybersecurity stock CrowdStrike fell nearly 5%.

In addition, the market focused on oil reserve releases by multiple countries. According to Bitget market data, crude oil turned lower during the session, with Brent crude once turning down nearly 1% after rising 2%, and U.S. crude closed at a more than one-month low. Gold fell back, hitting a two-month low, and dropped more than 2% during the session.

In the crypto market, according to HTX market data, Bitcoin fell below 83,000 last night and then found brief support, now reported at $83,234.80.