US CPI jump sends Bitcoin below $81K; Bhutan sells 100 BTC

US CPI rose 3.8% year-over-year, highest in three years, pushing Bitcoin below $81,000 and coinciding with Bhutan’s sale of 100 BTC.

US consumer prices rose 3.8% year-over-year, the highest reading in three years. The report coincided with immediate selling in digital assets: Bitcoin slipped below $81,000, Ethereum traded near $2,300 and Solana fell under $95. Over 24 hours Bitcoin declined about 1.8%, Ethereum about 2.9% and Solana about 3.4%. Bitcoin was down roughly 1.2% on the week. The Fear and Greed Index stood at 49.

The hotter-than-expected CPI figure shifted market pricing for U.S. interest rates. Implied odds moved to about a 31% chance of a rate hike in 2025, reducing the probability that markets had assigned to cuts earlier in the year.

The Kingdom of Bhutan sold 100 BTC on the same day. The sale was recorded by Druk Holding and Investments, the country’s state-owned investment arm. Public records and transaction data show Bhutan has disposed of roughly $230 million of Bitcoin so far this year. At recent prices, 100 BTC is worth about $8.1 million.

Bhutan accumulated its Bitcoin through on-site mining powered by domestic hydroelectric capacity. The recent disposals were recorded after prices had risen earlier in the rally. Transaction records indicate the kingdom still holds additional Bitcoin that could be sold in coming months.

Traders were watching the $80,000 area as a near-term reference point for Bitcoin support. The decentralized finance sector posted essentially no net gain over the past week. Market participants are monitoring continued sovereign sales and shifting interest-rate expectations for their effects on liquidity and price dynamics across crypto markets.

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