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Cryptocurrency

Bitcoin, Ethereum, XRP, Dogecoin Slide Even as CPI Figures Ease Rate Hike Odds: Analyst Says BTC 'Displaying a Condition' Associated With Market Bottoms

Aug 12, 2026 · 10:12 PM ET· updated 1h ago
Bitcoin, Ethereum, XRP, Dogecoin Slide Even as CPI Figures Ease Rate Hike Odds: Analyst Says BTC 'Displaying a Condition' Associated With Market Bottoms

Leading cryptocurrencies fell, but stocks rallied on Wednesday, August 12, as investors weighed the latest consumer inflation numbers that came in line with expectations.

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Why It Matters

Crypto prices went down even though good news about inflation came out, which normally helps markets. When prices fall despite good news, some people watch it as a sign the market might be getting ready to turn around.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Tickers in Play
X:BTCUSD65,002.50
+1090.62 (+1.71%)
X:DOGEUSD0.07
-0.00 (-0.23%)
X:ETHUSD1,916.94
-1.09 (-0.06%)
MSTR94.97
-1.13 (-1.17%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.