US consumer prices increased 3.7% year-over-year in September, exceeding expectations due to a 9.1% jump in gasoline prices. This higher inflation raised the likelihood of a Federal Reserve rate hike in October from 22% to nearly 50%, pushing Treasury yields to multi-decade highs. The rise in rates and yields pressured Bitcoin, which fell 1.5% to about $82,142, along with other cryptocurrencies and stock indexes. Investors now await the upcoming Producer Price Index and the Fed's rate decision later this month for further market direction.
Bitcoin's market cap stands at Rp29.864,77 trillion as of Oct 14, 2026, 22:02 WIB, with a 24-hour trading volume of Rp507,89 trillion on Pluang. The cryptocurrency's price is currently Rp1.466.441.986, down 2.04% in the past day, reflecting ongoing market reactions to inflation and Fed rate hike concerns. Pluang users show a balanced order activity with 46% selling and 54% buying, holding their Bitcoin for an average of 111 days.
Bitcoin's price fell below $82,000 on October 14, experiencing a 1.4% decline over the past 24 hours. This drop reflects short-term volatility in the digital asset market. Investors should watch for further price movements as market conditions evolve...
Bitcoin fell more than 1% after the US Consumer Price Index (CPI) showed higher-than-expected inflation, with headline CPI rising to 3.6% YoY. This data increased expectations for a Federal Reserve interest rate hike in October, pushing the odds abov...
US inflation rose to 3.7% in September, driven mainly by a 9.1% jump in gasoline prices, marking the highest inflation rate in four months. This increase caused Bitcoin's price to drop about $1,000 below $83,000 and pushed Treasury yields higher as i...
The Layer 2 sector saw a 2.90% increase on October 14, driven by gains in Bitcoin and Ether prices. Bitcoin rose above $83,000 while Ether exceeded $2,500, boosting optimism in the market. Notably, Optimism (OP) surged nearly 20%, and zkSync (ZK) inc...
Bitcoin's price stayed close to $82,600, dropping roughly 1% after U.S. inflation data came in higher than expected. Bitwise CIO Matt Hougan noted that while he anticipated a broader crypto price drop of 3% to 5%, Bitcoin's smaller decline shows its ...
