Bitcoin (BTC) Price: Falls Below $81,000 After Hot U.S. CPI Report
Photo: CoinCentral
TLDR Bitcoin fell 3.6% in 24 hours to $80,764, while ether dropped 6.5% to $2,353. U.S. September CPI rose 3.7%, above the 3.6% forecast. Odds of a Fed rate hike on Oct. 28 rose to 53.7% from 22.1%. South Korea’s Kospi fell 8% and Japan’s Nikkei 225 fell 5.2%. Crypto liquidations reached $951.4 million in 24 hours. Bitcoin (BTC) fell below $81,000 during Asian trading hours on Thursday. The price dropped 3.6% over 24 hours to $80,764. Ether (ETH) lost 6.5% to $2,353 over the same period.
Source: CoinCentral
