By Isaac • October 15, 2026 3:08 pm •
Bitcoin briefly broke below $80,000 on Thursday after a hotter-than-expected U.S. producer inflation report hit risk assets and revived fears that interest rates could stay higher for longer.
The move was sharp enough to matter, but the more useful question is why it happened. No crypto-specific scandal or Bitcoin network failure caused it.
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A macro shock moved through stocks, rates, and digital assets at the same time.
Producer inflation came in much hotter than expected
Cointelegraph reported that September’s U.S. Producer Price Index rose 6.3% against expectations of 5.3%, the largest monthly increase since March 2022. Bitcoin slipped under $80,000 after the release as traders adjusted to the possibility that inflation pressure could keep the Federal
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