September CPI rose 3.7% year over year, while core CPI increased 2.6%.
Bitcoin miners fell up to 12.64% on 14 October as September CPI hit 3.7% and rate hike odds jumped.
Asian equities tumbled on Thursday, with South Korea's Kospi losing 8% and Japan's Nikkei 225 declining 5% during morning trading.
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Is Bitcoin facing a demand crisis despite improving on-chain profitability?
Losses rose on Oct. 15 from Oct. 12 but stayed below the Oct. 9 level. Murphy said a short-term-holder loss share near 31%, if sustained, would remain below its 42.7% historical average.
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday's inflation report, but have since cooled.
The price was $81,103 15 minutes earlier and was down 0.35% over the previous hour.
Strategy purchased 250 BTC from Oct. 5-11 and spent $192.4 million repurchasing STRC preferred stock.
Institutional ownership and changes in crypto financing may reduce bitcoin's vulnerability to severe downturns, Siebert Financial analyst Brian Vieten argues. He sees expanding stablecoin payments as a catalyst for the cryptocurrency's next advance.
A 24-hour snapshot showed $1.04 billion in long liquidations. Bitcoin accounted for $286.15 million of the asset-level total.
Long positions totaled about $97.93 million across 20 accounts, compared with $37.45 million in shorts across 12 accounts.