Choose Rich Live
Crypto News

Bitcoin dips below $80,000 following hot US inflation data

Bitcoin dropped below the $80,000 threshold on October 15, 2026, hitting its lowest price since September 18 after hotter-than-expected US wholesale inflation sparked heavy liquidations.

Bitcoin candlestick chart showing a sharp drop below the 80,000 dollar level down to 79,823.44.
Image: @coinbureau

Bitcoin briefly tumbled below the $80,000 mark on October 15, 2026, testing the level for the third time in a week and reaching its lowest point since September 18. Market tracking accounts and charts showed the cryptocurrency sliding to an intraday low of 79,823.44 as selling pressure mounted.[2][1][9][7][10][4][8][11]

The drop followed the release of the September US Producer Price Index, which overshot expectations by 100 basis points to log the steepest monthly increase since March 2022, according to Coin Telegraph. The unexpectedly strong inflation numbers reignited speculation about Federal Reserve interest-rate hikes, prompting sharp whipsaws across cryptocurrency markets, Decrypt reported.[6][3]

The price drop triggered massive unwinds, with nearly $1 billion in crypto positions liquidated across the wider market, according to Decrypt and CoinMarketCap. Over $60.15 million in long positions were liquidated within an hour as the slide took hold, Coin Bureau reported. Despite the 3.5% price decline during the move, open interest climbed 5.7%, pointing to leveraged bets continuing to build. Prediction market platform Kalshi indicated a 40% probability of Bitcoin falling below $75,000 during the month, before prices later rebounded to retest $82,000 as roughly $20 million in short positions were liquidated, per Crypto Briefing.[3][7][8][11][5][12]

Key facts

  • Bitcoin dropped below $80,000 on October 15, 2026, reaching its lowest level since September 18.
  • US producer price inflation for September exceeded expectations by 100 basis points, marking its largest monthly gain since March 2022.
  • Nearly $1 billion in total crypto positions were liquidated during the market volatility.
  • Over $60.15 million in long positions were liquidated within one hour as selling pressure accelerated.
  • Open interest increased by 5.7% while Bitcoin's price dropped 3.5%, indicating expanding leverage.
  • Kalshi market pricing placed a 40% probability on Bitcoin falling below $75,000 in October 2026.
  • Bitcoin subsequently retested $82,000 as roughly $20 million in leveraged short positions were liquidated.

Sources 路 12 sources

  1. MI

    Market Insider@MrketInsiderPost on X 路

    JUST IN: BITCOIN FALLS UNDER $80,000 https://t.co/9zRyIU4aPT

    Open source
  2. BC

    Bitcoin.com News@BitcoinNewsPost on X 路

    JUST IN: 馃煚 #Bitcoin briefly drops below $80,000 https://t.co/kDa8KTYmL5

    Open source
  3. DE

    DecryptArticle 路

    Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.

    Open source
  4. CO

    CoinGecko@coingeckoPost on X 路

    NOW: Bitcoin slips below $80,000. https://t.co/nuba8tgMoA

    Open source
  5. KC

    Kalshi Crypto@Kalshi_CryptoPost on X 路

    BREAKING: Bitcoin falls under $80,000 40% chance bitcoin:native drops below $75,000 this month https://t.co/CVPyaJfimg

    Open source
  6. CT

    Coin TelegraphArticle 路

    Bitcoin slips under $80K after US PPI gains most in four years BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain since March 2022

    Open source
  7. CB

    Coin Bureau@coinbureauPost on X 路

    馃毃ALERT: Bitcoin FALLS below $80,000, hitting a level last since September 18. Over $60.15 MILLION in long positions liquidated in the past hour as selling pressure intensifies across markets.

    Open source
  8. BL

    BlockNews@blocknewsdotcomPost on X 路

    馃毃 ALERT: Bitcoin plunges below $80,000, hitting its lowest level since September 18. Over $60.15 MILLION in crypto long positions have been liquidated in the past hour as selling pressure intensifies. https://t.co/En0lS3N2ok

    Open source
  9. WG

    Watcher.Guru@WatcherGuruPost on X 路

    JUST IN: Bitcoin falls under $80,000 https://t.co/W98z2SlrdI

    Open source
  10. CR

    Crypto Rover@cryptoroverPost on X 路

    馃挜BREAKING: Bitcoin falls below $80,000. UPtober just turned into REKTober... https://t.co/RFMoDW7iyK

    Open source
  11. CO

    CoinMarketCap@CoinMarketCapPost on X 路

    HOT TOPIC: bitcoin:native just tested $80K for the 3rd time in a week 馃└ Nearly $1B liquidated, open interest up 5.7% while price fell 3.5%. Leverage didn't leave, it piled in. $65K or $94K first? 馃憞 https://t.co/LVTjhzOM7u https://t.co/o67AjvD6v6

    Open source
  12. CB

    Crypto BriefingArticle 路

    Bitcoin retests $82,000 as $20 million in leveraged shorts get liquidated The liquidation of leveraged shorts highlights the volatility and risk in crypto markets, emphasizing the need for cautious trading strategies. The post Bitcoin retests $82,000 as $20 million in leveraged shorts get liquidated appeared first on Crypto Briefing .

    Open source