Bitcoin slips below $82,000 as US inflation raises interest rate concerns
- Bitcoin fell 1.9% to $81,931 after stronger US inflation data was released on October 14.
- US annual inflation reached 3.7% in September, increasing expectations of another Federal Reserve rate hike.
- Ethereum dropped 3.4% to $2,427, while XRP fell 2.5% and Solana declined 2.1% amid broader crypto losses.
- Bitcoin funds attracted $175.6 million on Tuesday, offering some support after $681 million in earlier outflows.
Source: investing.com
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