Live updates: Bitcoin tumbles more than 1% after disappointing inflation report
Bitcoin fell 1.8% to $81,900 after a higher-than-expected September CPI report, increasing Fed rate hike expectations. BlackRock's crypto assets under management rose 63% to $79.6B in Q3. Strive Asset Management added 2,822 BTC to its holdings. The 10-year Treasury yield increased to 5.27%.
How this was made
The 30-second read
Why it matters
The data lifted 10‑year Treasury yields and pressured risk assets, triggering a 1‑2% drop in Bitcoin and broader market weakness.
Market read
CPI surprise drives rate‑hike expectations, hurting Bitcoin and other risk assets.
What to watch
Liquidity from institutional crypto inflows and Bitcoin’s technical support at $81,000 could limit losses.
Background
The September CPI rose 0.6% month‑over‑month and 3.7% year‑over‑year, above expectations, reviving expectations of multiple Fed rate hikes.
Ticker impact
Bitcoin fell more than 1% to around $82,800 after the September CPI report showed hotter‑than‑expected inflation.
likely further downside as traders price in tighter monetary policy.
CPI surprise lifts Fed rate‑hike odds, and crypto is sensitive to rate expectations.
Market effects
Higher rates may dampen risk‑on assets across crypto, tech and growth equities.
U.S. markets likely see broader sell‑off in rate‑sensitive sectors.
Global crypto markets may follow as rate‑hike expectations rise worldwide.
Counterpoint
If inflation peaks soon, a rate‑cut expectation could spark a short‑cover rally in Bitcoin.
Key entities
- RegulatorFederal Reserve
May increase rates in response to hotter inflation.
- MarketU.S. Treasury
Yields rose, reinforcing risk‑off sentiment.



