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 above 50%. The stronger US dollar and rising Treasury yields drained liquidity from risky assets like Bitcoin. Technical analysis indicates Bitcoin may break below key support near $82,000, targeting a further decline to around $78,200 if bearish momentum continues.
Bitcoin trades at Rp1.470.979.800 on Pluang, down 1.74% as of Oct 14, 2026 21:22 WIB, reflecting cautious sentiment among investors. The platform shows a nearly balanced order activity with 46% selling and 54% buying, while typical hold time stands at 111 days. This trading behavior aligns with the article's note on inflation concerns and potential price declines below $80,000.
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 ...
Bitcoin experienced $13.95 million in liquidations within an hour ending at 10:17 a.m. ET on October 14, primarily from long positions totaling $13.41 million. The price fell 1.48%, dropping from $83,782 to $82,542 during this period. These figures a...
U.S. Consumer Price Index (CPI) for September increased by 0.6%, higher than August's 0.4%, with the year-over-year rise at 3.7%, surpassing estimates. Core CPI also rose more than expected, signaling persistent inflation pressures. This data raises ...
