Hot Inflation Knocks Bitcoin Below $82,000 as Fed Hike Odds Surge

By Isaac • October 14, 2026 8:15 pm •

Bitcoin fell below $82,000 after a hotter-than-expected U.S. inflation report pushed traders to reconsider whether the Federal Reserve could raise rates again this month.

The move was not isolated to Bitcoin. Ether, XRP and Solana each dropped roughly 3% around the initial reaction as Treasury yields climbed and the U.S. dollar strengthened.

That combination raises the return available on safer assets while tightening the financial conditions that tend to weigh on crypto and other risk markets.

CryptoSlate reports that Bitcoin tested support near $81,300 after more than $100 million in crypto positions were liquidated within an hour. The publication said reported odds of an October rate hike climbed from 21% to 55% as markets absorbed the