THE STREET · 2026-10-14 15:01 UTC

Bitcoin drops below $82,000 after U.S. inflation hits 3.7%

U.S. annual inflation rose to 3.7% in September, above the 3.6% forecast, raising concerns about potential Federal Reserve rate hikes before year-end. Bitcoin dropped below $82,000 to $81,728 following the inflation data, while Ether fell to $2,455 and other cryptocurrencies also declined. Stock futures and crypto-linked stocks fell sharply, with Robinhood down 3.27%, MicroStrategy down 2.60%, and Circle down 4.02%.

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