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      Bitcoin Drops Below $82,000 Amid Rising US Inflation Concerns

      Bitcoin's price fell below $82,000 on October 14, 2026, reaching a low of $81,500 following the release of higher-than-expected inflation data in the United States. The Consumer Price Index (CPI) increased by 3.7% in September compared to the previous year, surpassing economists' predictions of 3.6% and up from 3.4% in August. Monthly inflation rose by 0.6%, aligning with forecasts, while core CPI, which excludes food and energy prices, rose by 0.3%, exceeding the anticipated 0.2%.

      The inflation report has led traders to adjust their expectations regarding monetary policy, with the CME FedWatch probabilities indicating a 41.5% chance of a 25 basis point interest rate hike at the Federal Reserve's upcoming meeting in October, a significant increase from 22% the previous day. For December, the likelihood of rates reaching between 4.25% and 4.5% is estimated at 36%, suggesting a strong possibility of at least one additional rate hike by the end of the year.

      The selloff in Bitcoin triggered over $250 million in long liquidations across the cryptocurrency market, with more than $208 million occurring within a four-hour period, according to data from CoinGlass. The broader cryptocurrency market experienced a decline of nearly 2%, bringing its total capitalization close to $2.75 trillion. Major cryptocurrencies such as Ethereum and XRP also fell, with Ethereum trading below $2,450 and XRP dropping under $1.33, as investor sentiment remained cautious amid inflation concerns.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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