Bitcoin falls below $82,000 as hotter core CPI revives Fed hike concerns

60-second summary

Bitcoin falls below $82,000 after September’s core CPI outpaces forecasts, reigniting concerns over a possible Federal Reserve rate hike in October. Analysts cite the unexpected inflation reading as a catalyst for renewed bearish sentiment, prompting price targets to be revised downward. The dip underscores heightened market sensitivity to macro data, suggesting further volatility for crypto assets.