Bitcoin briefly slips below $81K, Ethereum loses $2,400 as hot PPI and AI stock selloff weigh
- —BTC down 1.4% and ETH down 1.6% over 24 hours; total crypto market cap shrank about 4%
- —US September PPI rose 1.3% month-on-month and 6.3% year-on-year, one of the largest jumps in years
- —US spot bitcoin ETFs saw roughly $146.2 million in net outflows for the week
- —Ethereum ETFs bled about $60 million on Thursday while bitcoin funds took in only $5 million
Why it matters: Inflation and the AI stock selloff are weighing on risk appetite; holding $80,000 is key ahead of the Fed meeting.
Source: 動區 BlockTempo