Bitcoin drops below $82,000 as hot core CPI revives Fed hike fears

The notable shift here is the framing: a hot core CPI print is being read through the lens of a possible Fed hike rather than a delayed cut, which changes the discount-rate math that crypto has leaned on all cycle. That matters most for leveraged and rate-sensitive positioning, where macro prints now dominate crypto-native catalysts. Whether October hike talk hardens into a genuine repricing or fades as a single-data-point reaction is the open question to watch.