Morning Edition · Thursday, October 15, 2026Published at 1:43 AM EDT · New York

Higher-Than-Expected US Inflation Data Drives Nearly $1 Billion in Crypto Liquidations as Bitcoin Falls Below $81,000

Ether accounted for nearly 60% of forced closures across the two largest cryptocurrencies, and South Korea's Kospi index triggered a circuit breaker after an 8% fall.

US consumer prices rose 3.7% in the year to September, above the 3.6% forecast. Core prices rose 2.6%, against an expected 2.5%, according to BWE News. Bitcoin Magazine attributed the overshoot to higher gasoline prices. CryptoSlate reports…