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Bitcoin falls below $83K after US inflation data raises Fed rate hike fears

Market News
14 Oct 2026
Cointribune
View Source
Bearish
Bitcoin falls below $83K after US inflation data raises Fed rate hike fears

Bitcoin dropped below $83,000 on October 14 following US inflation data showing a 3.7% year-on-year CPI, higher than the expected 3.6%. Core inflation also rose to 2.6%, increasing concerns that the Federal Reserve may continue raising interest rates to combat inflation. This has added pressure on Bitcoin and the broader crypto market, which was already struggling to recover. Investors now watch for the Fed's next moves and upcoming inflation reports, with Bitcoin potentially testing the $80,000 level if selling continues.

Bitcoin market context shows mixed cryptocurrency performance on Pluang as of Oct 14, 2026 19:33 WIB. Among 50 major cryptocurrencies, 18 rose and 31 fell today. Notable movers include EOS with a price of Rp12.649 and a 1-day change of +8.13%, XTZ at Rp5.606 with a -6.32% change and 82% sell order activity, and SAND priced at Rp1.022 with a -4.26% change and 90% buy order activity.

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