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Bitcoin Falls Toward $80K as Hot U.S. Inflation Sparks $485M in Liquidations.

Hotter-than-expected U.S. inflation data has triggered a sharp sell-off across cryptocurrency markets, sending Bitcoin toward the $80,000–$81,000 support zone and pushing Ethereum below $2,400.

September’s Consumer Price Index (CPI) rose 0.6% month over month and 3.7% year over year, exceeding forecasts. Core CPI also increased 0.3% monthly and 2.6% annually, adding to concerns about the Federal Reserve’s interest-rate outlook.

🔎 Key Market Developments:
1. Bitcoin: Fell more than 3%, testing $80K–$81K support
2. Ethereum: Dropped below $2,400
3. Crypto market: Lost over $140 billion in total value
4. Liquidations: More than $485 million in positions liquidated within one hour
5. Fed outlook: Rate-hike expectations have reportedly climbed to 25–50%

📊 What happens next?
Traders are watching the upcoming U.S. Producer Price Index (PPI) report. Hotter data could intensify selling pressure, while cooler-than-expected figures could support a relief rally.

Your prediction:
A) BTC holds $80K and rebounds
B) BTC breaks below $80K
C) BTC consolidates around $80K–$82K
D) More liquidations trigger another sharp move

Is $80K the buying zone, or could Bitcoin fall further?

Upvote 1 Replies 1 replies
Replies 1
JE
@Jessica_jessika 6 days ago

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Upvote 0