THE BLOCK · 2026-10-14 16:51 UTC

Bitcoin falls below $82,000 as hotter core CPI revives Fed hike concerns

Bitcoin fell below $82,000, down more than 2%, while ETH, XRP, and SOL each dropped nearly 3.5%. Core CPI rose more than expected, renewing concerns about the Fed's interest rate outlook. Analysts warn that elevated inflation could keep interest rates higher for longer, pressuring risk assets through higher Treasury yields and a stronger dollar.

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