![Bitcoin-Jumps-to-New-All-Time-High-Gold-Rallies-as-Inflation.png Bitcoin Jumps to New All-Time High, Gold Rallies, as Inflation Expectations Surge](https://cryptotoptrends.com/wp-content/uploads/2021/11/Bitcoin-Jumps-to-New-All-Time-High-Gold-Rallies-as-Inflation-678x381.png)
Bond traders are increasing their bets on faster inflation after the U.S. Consumer Price Index jumped 6.2% in the 12 months through October, the highest rate in three decades.
Updated Nov 10, 2021 at 2:45 p.m. UTC
![](https://coindesk-coindesk-prod.cdn.arcpublishing.com/resizer/qQ77yejsIBB7D6mMbksJrDHjoAs=/400x300/filters:format(png):quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KOW22KYMZRGMHAZ4JMVLMGKEJU.png )
Bitcoin’s hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)
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