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Bitcoin stays above 80000 as hotter US inflation fails to shake crypto buyers
Business
Published on 13 May 2026
Inflation surprised traders Yet Bitcoin buyers held fast
Bitcoin is holding above $80,000 even after hotter-than-expected US inflation data, pointing to stubborn buyer confidence. While Ethereum and some altcoins slipped, analysts cite improving on-chain activity, institutional inflows and active support from buyers. Still, macro uncertainty and rate concerns are keeping wider market sentiment cautious.
- Bitcoin remains above the $80,000 level despite hotter US inflation
- Ethereum and some altcoins fell while Bitcoin stayed resilient
- Analysts point to stronger on-chain activity and institutional inflows
- Rate fears and macro uncertainty continue to weigh on sentiment
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times