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Bitcoin holds above $83K as markets await key U.S. inflation data on Wednesday.

Market News
12 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin holds above $83K as markets await key U.S. inflation data on Wednesday.

Bitcoin remained above $83,000 on Monday despite pressure from a stronger U.S. dollar and rising Treasury yields. Both Bitcoin and gold prices dipped about 0.5%, with gold near $4,180 per ounce. Investors are cautious ahead of the U.S. consumer price index (CPI) report due Wednesday, which is expected to show an acceleration in inflation. The CPI results could influence Federal Reserve policy decisions. Additionally, market attention is on IREN's transition from Bitcoin mining to AI infrastructure.

Bitcoin price context is provided for readers following cryptocurrency markets. As of Oct 12, 2026 17:41 WIB, 37 of 50 major cryptocurrencies on Pluang rose while 12 fell. Notable movers include ZIL at Rp66 with a 4.45% increase, COTI at Rp243 up 3.94%, and LINK at Rp238,909 rising 3.78%.

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