The October U.S. industrial production report just landed, and it beat expectations. Numbers came in at 0.2% month-over-month, crushing the previous 0.1% and topping the forecast of 0.1%. That's a solid beat. For crypto traders watching macro trends, this kind of data matters—stronger-than-expected industrial production can signal economic resilience, which typically affects Fed policy expectations and overall risk appetite in markets. Keep an eye on how this feeds into the broader inflation and interest rate narrative.