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Bitcoin dips below $83,000 as Brent crude hits $108 amid rising US inflation.

Market News
19 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin dips below $83,000 as Brent crude hits $108 amid rising US inflation.

Bitcoin's price fell below $83,000 on the morning of October 19, while Brent crude futures for December 2026 traded at $108.47 per barrel. The US consumer price index showed a 3.7% increase over the past year, with gasoline prices rising 34.2%, highlighting inflationary pressures. Although these figures provide context for energy costs, no direct link between oil prices and Bitcoin's movement was established. Investors should watch inflation trends and commodity prices for potential market impacts.

Bitcoin's price movement is the subject, with Pluang's market snapshot as of Oct 20, 2026 00:31 WIB: Among 50 major cryptocurrencies, 40 rose and 9 fell today. EOS gained 8.13% to Rp12.649, DOT rose 7.43% to Rp20.751 with 83% sell order activity, and ATOM increased 5.66% to Rp31.489 with 76% buy order activity.

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