{"id":9079,"date":"2026-05-14T06:26:59","date_gmt":"2026-05-14T06:26:59","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=9079"},"modified":"2026-05-14T06:26:59","modified_gmt":"2026-05-14T06:26:59","slug":"hot-inflation-data-knocks-bitcoin-below-80k-as-fed-rate-cut-hopes-fade","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=9079","title":{"rendered":"Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_39ca47dd85047a57db928965a030cbc4\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bitcoin traded near US$79,573 after falling below US$80,000 following the April PPI release.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">US producer prices rose 1.4% in April and 6.0% from a year earlier, according to the Bureau of Labor Statistics.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Despite the sell-off, traders believe if BTC can hold near the $80K level then we might see further resilience.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Bitcoin (BTC) slipped below US$80,000 (AU$110K) after stronger-than-expected U.S. producer inflation data renewed pressure on risk assets and weakened the case for Federal Reserve rate cuts this year.<\/p>\n<p>The move left BTC trading near US$79,573 (AU$109,811) during the research window, with an intraday low of US$78,762 (AU$108K) and high of US$81,276 (AU$112K).\u00a0<\/p>\n<p>The decline was not a deep breakdown, but it put the market back around a level traders have treated as a major near-term line.<\/p>\n<p>The inflation trigger came from the Bureau of Labor Statistics report, showing that the Producer Price Index for final demand rose 1.4% in April.<\/p>\n<p>Final demand prices were up 6.0% over the 12 months ended April, while final demand energy prices jumped 7.8% for the month and 22.7% from a year earlier.<\/p>\n<p>Excluding food and energy, producer prices rose 1.0% in April and 5.2% year over year, adding to concerns that inflation is not cooling quickly enough for the Fed to ease policy.<\/p>\n<p><strong>Read more: Saylor Shrugs Off Bitcoin Sale Concerns as Strategy Expands Capital Markets Ambitions<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-inflation-pressure-returns\">Inflation Pressure Returns<\/h2>\n<p>Bitcoin didn\u2019t react so well, as lower rate-cut odds generally make cash and short-term debt more attractive relative to speculative assets, while higher inflation readings can lift Treasury yields and pressure crypto valuations.<\/p>\n<p>CME Group\u2019s FedWatch tool, which tracks implied rate probabilities from 30-day Fed Funds futures, became a key market reference after the data.<\/p>\n<p>The technical picture now centres on whether Bitcoin can hold the high-US$70,000 range. The first support zone sits around US$78,000 (AU$107K), close to the intraday low, with a deeper level near US$75,000 (AU$103K) if selling accelerates.<\/p>\n<p>At press time, Bitcoin is trading at US$79.5K (AU$108K), according to data from CoinMarketCap.<\/p>\n<figure class=\"wp-block-image size-full variant-no-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1278\" height=\"773\" alt=\"\" class=\"wp-image-133849 lazyload\" sizes=\"(max-width: 1278px) 100vw, 1278px\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image.png\" srcset=\"https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image.png 1278w, https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image-768x465.png 768w\" data-eio-rwidth=\"1278\" data-eio-rheight=\"773\"\/><img decoding=\"async\" width=\"1278\" height=\"773\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image.png\" alt=\"\" class=\"wp-image-133849\" srcset=\"https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image.png 1278w, https:\/\/cdn.cryptonews.com.au\/2026\/05\/14151302\/image-768x465.png 768w\" sizes=\"(max-width: 1278px) 100vw, 1278px\" data-eio=\"l\"\/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n<p><strong>Read more: NSW Police Pull Off One of Australia\u2019s Largest Bitcoin Busts in History\u00a0<\/strong><\/p>\n<\/p><\/div>\n<p>Bitcoin,Federal Reserve#Hot #Inflation #Data #Knocks #Bitcoin #80K #Fed #RateCut #Hopes #Fade1778740019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin traded near US$79,573 after falling below US$80,000 following the April PPI release. US producer prices rose 1.4% in April and 6.0% from a year earlier, according to the Bureau of Labor Statistics. Despite the sell-off, traders believe if BTC can hold near the $80K level then we might see further resilience. Bitcoin (BTC) slipped<\/p>\n","protected":false},"author":1,"featured_media":9080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[2079,91,97,1109,683,2023,3917,94,4483,4484],"class_list":{"0":"post-9079","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-80k","9":"tag-bitcoin","10":"tag-data","11":"tag-fade","12":"tag-fed","13":"tag-hopes","14":"tag-hot","15":"tag-inflation","16":"tag-knocks","17":"tag-ratecut"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=9079\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade\" \/>\n<meta property=\"og:description\" content=\"Bitcoin traded near US$79,573 after falling below US$80,000 following the April PPI release. 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US producer prices rose 1.4% in April and 6.0% from a year earlier, according to the Bureau of Labor Statistics. Despite the sell-off, traders believe if BTC can hold near the $80K level then we might see further resilience. Bitcoin (BTC) slipped","og_url":"https:\/\/cryptonews.uk.com\/?p=9079","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-05-14T06:26:59+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=9079","url":"https:\/\/cryptonews.uk.com\/?p=9079","name":"Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=9079#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=9079#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-inflation.jpg","datePublished":"2026-05-14T06:26:59+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=9079#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=9079"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=9079#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-inflation.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-inflation.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=9079#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/9079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9079"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/9079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/9080"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}