Live updates: Bitcoin falls back to $82,000 after inflation rises more than forecast

Live updates: Bitcoin falls back to $82,000 after inflation rises more than forecast

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

After surging higher in a knee-jerk response to the worse-than-expected U.S.

September CPI report, bond yields are barely higher in early afternoon trading.

10-year yield — after rising to 5.335% — has returned to the low end of its recent range, higher by less than two basis points on the day.

Money is moving into fixed income as stocks tumble, with the Nasdaq down 1.6% and the S&P 500 off 1.05%.

The action in tech favorites, homebuilders, and financials, among others, suggests an economy beginning to show some strain from the relentless march higher in interest rates of the past few months.

Bitcoin has edged off session lows, now down 1.5% over the past 24 hours at $81,950.

Amid the inflation/interest rate scare and poor earnings from Bank of America, the S&P 500 is lower by more than 1% just after the noon hour on the East Coast.

Stocks fluctuate, so it’s not that notable of a move except for the fact that the S&P hasn’t had a full-day 1% decline since late July, noted Eddy Elfenbein.

Analiz: Piyasa hareketliliği devam ediyor.