Bitcoin Falls Below $81,000 as Inflation Exceeds Expectations and AI Stock Selloff Intensifies

BlockBeats news, October 15 — According to HTX market data, Bitcoin rebounded to nearly $84,000 on Wednesday before continuously declining, dropping to around $80,400 on Thursday morning, a 24-hour decline of 2.6%, approaching last Thursday's low of approximately $80,430.

The U.S. September core inflation rate rose to 2.6%, above the market expectation of 2.5%, further intensifying expectations of Federal Reserve rate hikes. Meanwhile, AI stock sell-offs intensified, with Nasdaq 100 index futures falling 1.2%. Data disclosed by Anthropic to potential investors showed its third-quarter revenue grew by $16.8 billion, with the related data reflecting a slowing growth rate.

The crypto market weakened in tandem, with ZEC dropping 11% to around $1,100; ETH falling 5% to around $2,370. U.S. spot Bitcoin ETFs saw net outflows of approximately $261 million on Wednesday. Analysts say that if Bitcoin's daily closing price falls below $80,400, it will lose a key level that buyers have defended twice since last Thursday.