Bitcoin Slides to $76,000 Amid Surprise U.S. Inflation Data
The cryptocurrency market saw a sudden downturn on September 14th as Bitcoin slid from the $80,000 level to the $76,000 range. This sharp decline was triggered by unexpectedly strong U.S. inflation data, which rattled digital asset markets.
Major altcoins like Solana, XRP (Ripple), and BNB also followed suit, with selling pressure spreading across the broader cryptocurrency complex.
According to CoinMarketCap, as of 8:45 a.m. on September 14th, Bitcoin was trading at $76,824 (approximately 100 million won), down 0.53% over the past 24 hours.
The immediate trigger for this sell-off was the U.S. August inflation report, which showed core CPI rising 0.3% month-over-month, exceeding economists' forecast of a 0.2% gain.