Bitcoin Falls to $80,500 as US Inflation Hits 3.7% and Kospi Halts

This is a macro-driven move rather than a crypto-specific one: sticky inflation removes the case for near-term easing, and the Kospi's circuit-breaker halt signals that risk appetite is being repriced across asset classes, not just digital assets. What stands out is the correlation — Bitcoin is trading as a high-beta risk asset, so Korean equity stress and a hot CPI print hit it through the same channel. The open question is whether this stays a rates-and-equities story or whether crypto-specific flows reassert themselves once the initial shock passes.