Bitcoin falls below $82K as hot US CPI lifts oil-driven inflation

The notable signal is the coupling, not the level: crypto is trading as a macro-risk asset, and an oil-driven CPI print feeds straight into yields rather than into the digital-asset hedge narrative. That matters for anyone positioned around bitcoin as an inflation hedge, since the input driving this print — energy — is the one such a thesis should absorb best. Whether that correlation holds if energy-led inflation persists is the open question.