Bitcoin price stable, Altcoins declines; pay attention to the US CPI report
2026-10-14 18:53:37
CoinMeta data: Today, the price of Bitcoin ( BTC ) remained stable at $83,212.45, briefly rising to $84,000, rebounding from the low of $80,970 on Tuesday. Altcoins performed weakly, while the CoinDesk 80 index fell by 0.6% since midnight. The CoinDesk 20 index rose by 0.2%, with prices for nearly two-thirds of the CoinDesk 100 members declining. The CoinMarketCap Altcoin seasonal index dropped from 60 to 55. Federal Reserve Chairman John Williams stated that there is no need to raise interest rates in 2027, but left room for further rate hikes this year. The market is focusing on today's U.S. Consumer Price Index ( CPI ), which is the last inflation data before the Fed's decision on October 28th. Economists surveyed by Dow Jones expect the annual inflation rate to accelerate from 3.4% to 3.6%. Gasoline prices averaged $4.34 per gallon, up from $3.08 a year ago. Standard & Poor's 500 index futures rose by 0.2%, and Brent crude oil prices approached $106 per barrel.
Bullish 0
Bearish 0
Source:CoinDesk
This content is for market information only and does not constitute investment advice.