Bitcoin traded near $80,582 at 12:33 UTC (08:33 ET), after the U. S. Producer Price Index for September rose 1. 3% month over month and 6. 3% year over year, well above the 0. 6% and 5. 5% consensus. The monthly reading was the largest advance since March 2022, and BTC slipped roughly <p>The post Bitcoin Price Falls After Hot PPI — Can $80K Hold? first appeared on BTCUSA. </p>

Bitcoin slid below $82,000 on Wednesday as a hotter-than-expected September inflation report reduced the odds of near-term Federal Reserve rate cuts. <p>The post Why Is Bitcoin Down Today? BTC Slides Below $82,000 After Hot September CPI first appeared on BTCUSA. </p>

XRP ETF products drew $11. 31 million in weekly inflows, but $1. 248 billion in rival outflows and resistance near $1. 38 temper the signal.

Bitcoin falls toward $82,000 after $729M exits US spot ETFs. BlackRock and Fidelity lead selling as inflation and Fed risks pressure BTC.

Bitcoin fell below $83,000 on Wednesday as hotter-than-expected US core inflation data revived expectations of further Federal Reserve interest rate hikes, triggering a fresh wave of liquidations across the cryptocurrency market. CoinGlass data showed that over $100 million in leveraged positions were liquidated in the hour after the inflation report was released. This also pushed… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalys