Bitcoin drops below $80,000 following hot US producer price data
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
Bitcoin fell under $80,000 on October 15, 2026, after US producer price inflation for September overshot expectations by 100 basis points, marking the steepest monthly increase since March 2022.
Bitcoin (BTC) dropped below the $80,000 support level on October 15, 2026, after US producer price data for September exceeded forecasts by 100 basis points. The reading represented the largest monthly gain in producer prices since March 2022. According to Cointelegraph, market analysis warns that BTC faces an increased risk of a volatile retest below $80,000 due to intensifying downside pressure from the elevated inflation metrics.
Key facts
- BTC fell below $80,000
- September PPI beat by 100bps
- Largest PPI gain since 2022
- Reported October 15, 2026
Read the original at Cointelegraph