Bitcoin is trading at $81,100, down 2.5% over 24 hours, having briefly slid toward $80,000 after U.S. inflation data came in hotter than expected. September U.S. CPI rose 3.7% year over year, up from 3.4% in August, while core CPI accelerated to 2.6% from 2.4%, reigniting speculation about a potential Fed rate hike in October. U.S. spot Bitcoin ETFs recorded $150.5 million in outflows on October 14, adding further pressure on the price. Analysts identify support around $81,000; a sustained daily close below this level would expose bitcoin to a test of $78,000. Conversely, a move back above $82,500 would improve the market’s short-term structure.
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