Crypto

Why Bitcoin and Ether Crashed After the September 2026 CPI Report

Loser Buddy

01

A hotter-than-expected inflation report just sent Bitcoin and Ether tumbling again in October 2026.

02

The September CPI report, released October 14, showed headline inflation at 3.7% and core inflation at 2.6%, both above forecasts.

03

Gasoline prices jumped 9.1% for the month, driving roughly half of the headline increase, according to the BLS.

04

Bitcoin fell from near 84,000 dollars toward an intraday low around 80,500 dollars.

05

Ether dropped harder, falling 4 to 6 percent to a low near 2,365 to 2,420 dollars.

06

Liquidation trackers showed anywhere from about 300 million to nearly 1 billion dollars wiped out, depending on the snapshot time.

07

Prediction markets shifted toward a Fed hold or even a hike at the October 28 meeting, cutting the odds of a rate cut to near zero.

08

This was a separate event from early October's liquidation cascade — same price zone, different trigger.

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