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Add as a preferred source on GoogleBitcoin Closes at $81,524, Down 1.7% Since Oct. 10 Close
The Oct. 16 close was 0.8% below Oct. 15, while September consumer prices rose 0.6% from August.
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Bitcoin (BTC) closed at $81,524 for its Oct. 16 UTC daily session, down 1.7% from Oct. 10 as U.S. inflation rose to 3.7% over 12 months ahead of the Fed’s next meeting.
The close was 0.8% below the Oct. 15 close of $82,156. Bitcoin closed at $82,918 on Oct. 10.
The consumer price index (CPI) rose 0.6% in September from August on a seasonally adjusted basis. Its 12-month increase was 3.7%, compared with 3.4% through August. The Federal Open Market Committee (FOMC) is next scheduled to meet Oct. 27-28.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.