Bitcoin Briefly Falls Below $80,000 on Hot U.S. Inflation Data and Recovers to $82,500 Within Two Hours

September consumer prices rose 3.7% from a year earlier, and South Korea's Kospi fell 8% in the same period before Seoul's chipmakers rebounded.

Bitcoin slipped below $80,000 after another hotter-than-expected United States inflation reading, Bitcoin Magazine reported. It then climbed back to $82,500 within two hours of the dip, according to CoinDesk. A French-language market post f…